Documents the methodology used to estimate the annual income of (1) prospective users of a V/STOL air transport system in the San Francisco Bay Area, and (2) the taxpayers who will most likely be asked to subsidize the system's operation. The derivation of income profiles for riders of the air system is accomplished by deriving the value-of-time implications of the Boeing Company modal-split model used to estimate the number of riders. The analysis reveals that fully three-fourths of the commuters served would represent families earning at least $25,000 per year. In contrast, local or federal subsidies for the system would be borne mainly by lower and middle income families.
This report is part of the RAND Corporation Report series. The report was a product of the RAND Corporation from 1948 to 1993 that represented the principal publication documenting and transmitting RAND's major research findings and final research.
Our mission to help improve policy and decisionmaking through research and analysis is enabled through our core values of quality and objectivity and our unwavering commitment to the highest level of integrity and ethical behavior. To help ensure our research and analysis are rigorous, objective, and nonpartisan, we subject our research publications to a robust and exacting quality-assurance process; avoid both the appearance and reality of financial and other conflicts of interest through staff training, project screening, and a policy of mandatory disclosure; and pursue transparency in our research engagements through our commitment to the open publication of our research findings and recommendations, disclosure of the source of funding of published research, and policies to ensure intellectual independence. For more information, visit www.rand.org/about/research-integrity.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.