Mohring Effect
Faculty, Journal, Economics, Dietetic, Association
978-613-6-22306-3
6136223066
64
2012-05-14
29,00 €
eng
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Mohring effect is a technical property of transit systems demonstrating increasing returns. In brief, as transit frequencies increase, wait times decrease, demand increases, and transit frequencies can increase again. This is because transit schedules occur over time. If there is one bus an hour, the average wait from the desired time of departure (or schedule delay) is 30 minutes, if there are two buses an hour, the schedule delay drops to 15 minutes and so on. So the presence of an additional user increases the likelihood of additional service being provided. The effect was named for University of Minnesota economist Herbert Mohring, who identified this property in a 1972 paper.
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