IDEAS home Printed from https://ideas.repec.org/a/tpe/jtecpo/v50y2016i1p39-55.html
   My bibliography  Save this article

On the Welfare Optimal Policies in Demand Responsive Transportation and Shared Taxi Services

Author

Listed:
  • Jani-Pekka Jokinen

Abstract

This paper presents a model addressing welfare optimal policies, and unique cost structures of demand responsive transportation and shared taxi services. In shared rides, passengers cause external travel time costs for other passengers due to route changes and additional stops. Optimal pricing and trip production policies are studied in three situations: 1) when the fare structure is flat rate; 2) when fares vary according to distance; and 3) when variable travel time promises are considered. The interpretation of the results highlights the fundamental differences between demand responsive transportation and conventional bus and taxi services from the viewpoint of transport policy. © 2016 LSE and the University of Bath

Suggested Citation

  • Jani-Pekka Jokinen, 2016. "On the Welfare Optimal Policies in Demand Responsive Transportation and Shared Taxi Services," Journal of Transport Economics and Policy, University of Bath, vol. 50(1), pages 39-55, January.
    • Handle: RePEc:tpe:jtecpo:v:50:y:2016:i:1:p:39-55
    as

    Download full text from publisher

    File URL: http://www.catchword.com/cgi-bin/cgi?ini=bc&body=linker&reqidx=0022-5258(20160101)50:1L.39;1-
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jokinen, Jani-Pekka & Sihvola, Teemu & Mladenovic, Milos N., 2019. "Policy lessons from the flexible transport service pilot Kutsuplus in the Helsinki Capital Region," Transport Policy, Elsevier, vol. 76(C), pages 123-133.
    2. Zhang, Jie & Wang, David Z.W. & Meng, Meng, 2018. "Which service is better on a linear travel corridor: Park & ride or on-demand public bus?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 118(C), pages 803-818.
    3. Jani-Pekka Jokinen, 2021. "Modelling Optimal Policies of Demand Responsive Transport and Interrelationships between Occupancy Rate and Costs," Papers 2103.00565, arXiv.org.
    4. Börjesson, Maria & Fung, Chau Man & Proost, Stef, 2020. "How rural is too rural for transit? Optimal transit subsidies and supply in rural areas," Journal of Transport Geography, Elsevier, vol. 88(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tpe:jtecpo:v:50:y:2016:i:1:p:39-55. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher F. Baum (email available below). General contact details of provider: http://www.bath.ac.uk/e-journals/jtep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.