Podium Session 4: Bus Stop Spacing with Heterogeneous Trip Lengths and Elastic Demand
Title: Bus Stop Spacing with Heterogeneous Trip Lengths and Elastic Demand
Authors: Ayush Pandey, Lewis J. Lehe
Abstract: This paper develops models of a bus route in which (i) stop spacing can vary; (ii) trip lengths are heterogeneous; (iii) demand is elastic; and (iv) passengers delay the bus. Since wider spacings make sufficiently long trips faster, and sufficiently short trips slower, they induce long trips and repel short trips. We explore two continuum-approxima...
Keywords: Bus stops; Economics; Elastic demand; Stop spacing; Bus equilibrium