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Sunk Costs in Public Transport
 KNÍŽETOVÁ, Alexandra
This thesis deals with evaluation display of sunk costs in a public transport based on conducted analysis. In the first part sunk costs are defined by means of behavioural economy. There is also a brief introduction of travel time and some basic information about railway transport in Czech republic. The next part looks into the direct display of sunk costs in public transport, more precisely in railway transport. Railway delays are the accurate example of sunk costs in a railway transport. The next part of this work is focused on gather data specific rail route from transport provider. The simulation model was constructed by obtained data. Then the model was able to simulate particular situations of railway delays on the specific rail route. Then follows the assessment of the simulations and the display of sunk costs in these simulations. The sunk costs were also diverted on money. The last part is about a suggestion on how the simulation model could be applied to help the passengers to plan their travel time
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