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Table Of Contents

INTRODUCTION
General Overview of Public Transportation and Urban Economy
Historical Background
New York City Subway Fare: Structure And Collection Method
Key Transit Performance Measures
Organization of The Book
AUTOMATION AND TRANSIT FARE
Introduction
Automation And Transit Fare Collection
Reasons Behind Automation In Fare Collection
Other Developments on Fare Cards
Advantages And Disadvantages of Automated Fare Collection
Prior Studies On The New York City Subway
Models of Transportation Pricing
Principles of Public Transportation Pricing
Basic Pricing Principles
Second-Best Pricing Rules
Peak Load Pricing
Other Alternative Pricing Practices
Transit Travel Demand Models
General Transit Travel Demand Function
Aggregate Methods
Disaggregate Methods
Choice Theories
Revealed Preference Data Model
Stated Preference Data Model
Summary
Transportation Research Methods and Models
RESEARCH METHODS
Limitations and Key Assumptions in Research
Theoretical Framework And Research Methodology
Problem Statement And Research Questions
Research Data
The Research Process
Research Survey And Data Collection Process
Population And Sample Size
Research Models and Hypothesis Testing
Aggregate Model
Disaggregate Model
Research Hypothesis
The Four Sequential Steps in Cost-Benefit Analysis
Evaluation Criteria, Formula And Cost-Benefit Elements
RESEARCH SURVEY
Conducting Pilot Survey
How And When To Conduct Main Research Survey
Main Research Survey: Analysis of Findings
Ridership Frequency, Origin And Destination
Transit Users’ Preference of Fare Payment Alternative
System Performance
Research Survey Results Compared To Other Survey Results
Approaches and Trends in Urban Transit Ridership
Aggregated New York City Transit Ridership Trends
Overall Transit Ridership Trend
Subway (Metro) Ridership Trend
Bus Transit Ridership Trend
Pre- Vs. Post-MetroCard Growth Rates
Empirical Results of The Aggregate Model
Model Results Summary
Model Estimates And Ridership Predictions
Test of Research Hypothesis
Transit Demand Forecasting
The Disaggregate Data
Model Development
Model Calibration And Results
Base Model And Segmented Models
Preferred (Merged) Model And Results
INVESTMENT APPRAISAL
Estimates of Costs And Benefits
Cost Estimates
Assumptions Behind The Alternative Scenarios
Analysis Results
Basic Appraisal (Base Model)
Sensitivity Tests
Alternative Appraisal I
Alternative Appraisal II
Alternative Appraisal III
Alternative Appraisal IV
Comparisons And Conclusions
Epilogue
A Reflection On The Objectives And Findings
Conclusions
Summary of What We Have Learned
Research Findings By Segments
Aggregate Findings
Appendices
Plates and Exhibits
Glossary
Name Index
Subject Index
P. 1
Automated Fare Collection System & Urban Public Transportation

Automated Fare Collection System & Urban Public Transportation

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Published by Trafford
With its unique features (presented in nine chapters grouped into five major parts), Automated Fare Collection System And Urban Public Transit: An Economic & Management Approach To Urban Transit Systems provides a wealth of resourceful information to everyone with interest in mass transit:
Part I: Public Transportation, Urban Economy And Automation in Fare Collection
Part II: Models of Transportation Pricing
Part III: Transportation Research Methods And Models
Part IV: Approaches And Trends in Urban Transit Ridership
Part V: Epilogue
In these parts of the book, Clifford N. Opurum reveals the impact of the automated fare collection system on mass transit and particularly, on the New York City rail rapid transit system. Various effective urban public transportation pricing techniques are presented. Transportation research methods and models including the alogit model and different approaches to transportation research analysis are featured. Alternative scenarios of cost-benefit analysis (CBA) are used extensively along with other feasibility studies strategies to determine the economic and social benefits of the automated fare collection system. The author concludes that as in the case of other industrial sectors, the financial health of the transit industry is very much dependent upon the level of transit patronage, and that automation in fare collection has further encouraged the later. Furthermore, he added that automated fare collection (AFC) is preferred over the mechanical system of fare collection and will make positive impact on both transit ridership and revenue, if efficiently operated. Finally, he stressed that society would be better off financially if the benefits of automation in transit fare collection are fully utilized, and that automation in fare collection has in deed influenced the travel pattern of most mass transit patrons.
With its unique features (presented in nine chapters grouped into five major parts), Automated Fare Collection System And Urban Public Transit: An Economic & Management Approach To Urban Transit Systems provides a wealth of resourceful information to everyone with interest in mass transit:
Part I: Public Transportation, Urban Economy And Automation in Fare Collection
Part II: Models of Transportation Pricing
Part III: Transportation Research Methods And Models
Part IV: Approaches And Trends in Urban Transit Ridership
Part V: Epilogue
In these parts of the book, Clifford N. Opurum reveals the impact of the automated fare collection system on mass transit and particularly, on the New York City rail rapid transit system. Various effective urban public transportation pricing techniques are presented. Transportation research methods and models including the alogit model and different approaches to transportation research analysis are featured. Alternative scenarios of cost-benefit analysis (CBA) are used extensively along with other feasibility studies strategies to determine the economic and social benefits of the automated fare collection system. The author concludes that as in the case of other industrial sectors, the financial health of the transit industry is very much dependent upon the level of transit patronage, and that automation in fare collection has further encouraged the later. Furthermore, he added that automated fare collection (AFC) is preferred over the mechanical system of fare collection and will make positive impact on both transit ridership and revenue, if efficiently operated. Finally, he stressed that society would be better off financially if the benefits of automation in transit fare collection are fully utilized, and that automation in fare collection has in deed influenced the travel pattern of most mass transit patrons.

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Publish date: Mar 6, 2012
Added to Scribd: Oct 05, 2012
Copyright:Traditional Copyright: All rights reservedISBN:9781466913929
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