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Local bus deregulation and timetable instability

Author

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  • Oldale, Alison

Abstract

This paper presents a model of competition between operators on urban local bus routes in which passengers always board the first bus to arrive, and it is costly to revise timetables. The model predicts that timetables are unstable, the operator whose bus was boarded by fewest passengers is the most likely to change its arrival time, and to try to leapfrog its rival by arriving just before, and that there is a tendency for bus arrival times to be clustered together. These predictions are consistent with observed features of the on-the-road competition on urban local bus routes. On express coach routes, where passengers are more likely to research departure times before travelling, and to arrive at the coach station in order to catch their preferred coach, instability does not arise in the model, and has not been noted as a feature of competition in practice.

Suggested Citation

  • Oldale, Alison, 1998. "Local bus deregulation and timetable instability," LSE Research Online Documents on Economics 6756, London School of Economics and Political Science, LSE Library.
  • Handle: RePEc:ehl:lserod:6756
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    File URL: http://eprints.lse.ac.uk/6756/
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    Citations

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    Cited by:

    1. Rusco, Frank W. & Walls, W. David, 2001. "Red bus, green bus: Market organization, driver incentives, safety, and sorting," Research in Transportation Economics, Elsevier, vol. 6(1), pages 121-142, January.
    2. Rainer Nitsche, 2002. "On the Effectiveness of Anit-Predation Rules," CIG Working Papers FS IV 02-12, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    3. Fageda, Xavier & Sansano, Sergi, 2018. "Factors influencing prices and frequencies in the interurban bus market: Evidence from Europe," Transportation Research Part A: Policy and Practice, Elsevier, vol. 111(C), pages 266-276.
    4. John Sutton, 2001. "Rich Trades, Scarce Capabilities: Industrial Development Revisited," STICERD - Economics of Industry Papers 28, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    More about this item

    Keywords

    Bus deregulation; instability; urban bus routes; timetables; competition.;
    All these keywords.

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General

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