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Understanding Transport Demands and Elasticities How ...

250-508-5150 Todd Alexander Litman 2005-2022 You are welcome and encouraged to copy, distribute, share and excerpt this document and its ideas, provided the author is given attribution. Please send your corrections, comments and suggestions for improvement. Understanding Transport Demands and Elasticities How Prices and Other Factors Affect Travel Behavior 15 April 2022 Todd Litman victoria Transport Policy Institute Abstract Transport demand refers to the amount and type of travel that people would choose under specific conditions. This report describes concepts related to Transport demand , investigates the influence that factors such as prices and service quality have on travel activity, and how these impacts can be measured using elasticity values.

Understanding Transport Demands and Elasticities Victoria Transport Policy Institute 2 Executive Summary Travel demand refers to the amount and type of travel that people would choose in particular situations. Various demographic, geographic and economic factors can affect

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