The application of sustainable urban public transport policies has lead many public transport authorities to the (re) introduction of light transit rail (LRT) systems in cities with existing transport operators. The operational integration of the new entrant is a prerequisite. Public regulating authorities are faced with the problem of intervention and more precisely, when and how to intervene. To this end, a game theoretic conceptual model has been developed focusing on the integration of the LRT with an existing Metro and Bus operator System, resulting in a simple decision tool for the public regulator. Findings are compared to reported case studies and indicate the operators’ potential to establish fare integration while the furthering of integration measures depends on market size and the risk averseness of the existing transport operators.
Athena Roumboutsos hasn't uploaded this paper.
Let Athena know you want this paper to be uploaded.