The economic impact of the strike will be...
October 6, 2015 8:46 AM Subscribe
...a net positive. We often hear about how much strike will cost the economy, however new research suggests the London underground train strike of early 2014 may have positive effects as it forced commuters to find different routes to work, many of which they stuck with. Researchers were able to access 200 million data points from the Oyster Card system that allows access to the London transport system to conclude about 5% of travellers switched their route after finding a new route during the strike, suggesting a lack of experimentation concerning the available options. Short paper here.
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