Fare Capping: Balancing Revenue and Equity Impacts (2022) / Chapter Skim
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7 Review of Existing Research This synthesis report provides a review of the research literature relating to fare capping. It summarizes the key elements of fare structures and products that pertain to fare capping.
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8 Fare Capping: Balancing Revenue and Equity Impacts • Period or unlimited pass: Pass that is sold at a flat upfront cost that provides for unlimited travel within a set time period, such as a single day, a calendar week or month, or a set number of days. These fare products can offer different levels of convenience and cost savings for riders, depending on how often they use transit, how much flexibility their travel schedules require, and cost constraints.
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Review of Existing Research 9 cost-effective period pass (Bondemark et al. 2020, Verbich and El-Geneidy 2017, Jones and Lucas 2012)
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10 Fare Capping: Balancing Revenue and Equity Impacts of this lost revenue may have come at a social cost, generated by those who could only afford to pay the cash fare for their trips, with the result that low-income riders were paying disproportionately more for service. By ensuring that the best value fare products are available to all riders, a transit agency can make their system more equitable and deliver on a commitment to the social good.
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Review of Existing Research 11 History of Fare Capping Fare capping as a practice only emerged within the last two decades, as developments in fare technology made it feasible to implement. As early as 2003, the Washington Metropolitan Area Transit Authority (WMATA)
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12 Fare Capping: Balancing Revenue and Equity Impacts guaranteeing that they do not pay more than daily, weekly, or monthly passes and encouraging additional transit trips after meeting the cap. With a guarantee that riders will pay the lowest possible fare for their trip without putting the onus on them to navigate the fare structure, fare capping may help attract new riders to transit and encourage occasional riders to make more frequent trips (Chalabianlou et al.
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Review of Existing Research 13 Vancouver, Washington. Daily and monthly fare caps are available for riders who pay with a Hop Fastpass smart card, or who use mobile fare payment options such as a virtual Hop card or digital wallet (Delaware Valley Regional Planning Commission 2020, Derby 2019)
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14 Fare Capping: Balancing Revenue and Equity Impacts have their fares capped at the equivalent cost of a day pass or monthly pass (Rhode Island Public Transit Authority 2020)
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Review of Existing Research 15 Agency Location Year Fare Cap Period Valley Transportation Authority (VTA) San Jose, CA 2012 Daily Metro St.
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