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From page 1...
... 1   The purpose of the Transit Cooperative Research Program's study that was developed from Project SH-21, "Transit Fare Capping: Balancing Revenue and Equity Impacts," was to document the planning, implementation, and assessment of fare capping in North American transit agencies. Fare capping is a practice in which users "pay as you go" and are charged according to their accumulated rides taken over a defined period of time; a user's combined fares over multiple rides cannot exceed the amount a rider would have paid if they had purchased the optimal period pass based on their transit usage.
From page 2...
... 2 Fare Capping: Balancing Revenue and Equity Impacts The literature review, survey, and case examples yielded numerous insights, including the following. • Motivations – The common motivation for fare capping is the opportunity it presents to ensure that all riders are offered a "fair fare" that addresses price disparities among different fare products.
From page 3...
... Summary 3   Agencies may want to expand their metrics to include unlinked trips per passenger (to ascertain how often "caps" are being met or exceeded) , sales transactions (to measure third-party costs associated with credit card, mobile, or retail purchases)

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