Transportation Seminar: Marginal Cost Pricing and Subsidy of Transit

As part of UGPTI's Transportation Seminar Series, SURTC researcher Jeremy Mattson will present a seminar on Marginal Cost Pricing and Subsidy of Transit.  This seminar, which is based on a recently completed study, will present results from a survey of small urban transit agencies regarding recent changes in service levels, fares, and funding; discuss the rationale for subsidizing transit; present cost data for small urban transit systems; focus on economies of scale, marginal cost pricing, and transportation externalities; and present results from a cost model. The seminar will be held Nov. 1, 2011 at 2:00 p.m. in Room 422 of the IACC building on the campus of North Dakota State University. Shortly after the conclusion of the seminar, links to the presentation and a recording of the presentation will be posted online on the Transportation Seminar Series website.