Abstract This paper develops and estimates a new cost function for rapid-rail properties in the United States and Canada. Its advantage over previously developed cost models lies in its being an approximation to an arbitrary cost function, and thus not subject to the restrictions inherent in other models. The characterization of the industry that emerges from this work differs in important respects from that previously reported. An application to BART is also discussed.
On the economics of rapid-transit operations
Transportation Research Part A: General ; 14 , 4 ; 247-253
1979-12-07
7 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
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