Price Elasticity of Demand and Capacity-Restraint Transit Fare Strategy: A Case Study of Bangkok Mass Transit System
Traffic congestion is a chronic problem of Bangkok.Similar to click here other metropolises, the city perpetually seeks for alternatives to road travel.Mass rapid transit seems to be the only way out that is expected to mitigate traffic congestion in the city.However, without common fare system, travelers need to pay an initial entrance fee every t