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@ Andre,
I don't think this particular post is arguing that transit is unique to other products/services. Quite the opposite. As I read it, the point is that transit lines in a well-connected system should be considered complementary products (to expand the grocery store analogy: milk and cereal, peanut butter and jelly, chips and salsa). Together, they generate more demand than the sum of individual lines operating in isolation.
I like to think of this as the Complementary vs Complimentary debate. When private industry offers one product at a discount to generate higher demand for other products (i.e. free salty chips at a restaurant to induce thirst for marked-up drinks), it is the genius of private industry capitalizing on demand for complementary products. When transit systems do the same thing, it is the waste of government offering complimentary products.
perils of "fare revenue by route"
A transit agency staffer emails: I always keep up to date with your blog, and I was wondering if you have any information on revenue/cost ratio calculations on an individual route basis? I am hoping to conduct revenue/cost calculations on individual routes at [our agency], however we hav...
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Oct 4, 2012
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