Fare Change Scenarios with a Price Elasticity
This lesson is part of the course
In this lesson
You model five fare changes with an illustrative elasticity: new fare, boardings, fare revenue, the change against today and the farebox recovery, then compare the linear rule with the constant-elasticity formula.
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Lessons in this course
- Boardings by Route & per Revenue Hour Locked
- Load Factor & Crowding: Peak Loads vs Capacity Locked
- Headways & Vehicles Required: Cycle Time ÷ Headway Locked
- Operating Cost per Vehicle-Hour, per Km & per Passenger Locked
- Farebox Recovery Ratio & Subsidy per Rider Locked
- Fare Change Scenarios with a Price Elasticity Locked
- On-Time Performance & Reliability Locked
- Route Performance Ranking Dashboard Locked