A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
This paper presents evidence that there is a hysteresis effect in the demand for transport usage with respect to price. Consequently the neoclassical concept of a smooth continuous demand curve is questioned. The author presents a hysteresis model whereby changes in demand and of demand are embraced in a single theory related to generalized cost.
This paper presents evidence that there is a hysteresis effect in the demand for transport usage with respect to price. Consequently the neoclassical concept of a smooth continuous demand curve is questioned. The author presents a hysteresis model whereby changes in demand and of demand are embraced in a single theory related to generalized cost.
Hysteresis in travel demand
Blase, J. H. (author)
Transportation Planning and Technology ; 6 ; 109-115
1980-01-01
7 pages
Article (Journal)
Electronic Resource
Unknown
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