Abstract The Real Options (RO) approach is a powerful tool for decision analysis in dynamic
or non-stationary stochastic settings, as it considers the value of decision flexibility under …

This paper studies the optimal planning of public transit services with modular vehicles. In
the modular service operation, the vehicle is comprised of smaller modular units/pods, which …

In this paper we investigate a new form of automated public transportation, named 'modular
transit', configured to overcome the shortcomings of the traditional bus, including the first …

Due to advances in communications technologies and social networks, flexible mobility
systems such as taxi, carpool and demand responsive transit have gained interest among …

It is a common practice for transit lines with fluctuating passenger demands to use demand-
driven bus scheduling to reduce passenger waiting time and avoid bus overcrowding …

The paper presents a general analytic framework to model transit systems that provide door-
to-door service. The model includes as special cases non-shared taxi and demand …

This study proposes a novel flexible bus dispatching system in which a fleet of fully
automated modular bus units, together with conventional buses, serves the passenger …