Re buses - even if it'd be quicker to walk, once people start waiting they don't want to stop because they've already waited however many minutes and surely there must be the next bus around the corner....
http://en.wikipedia.org/wiki/Escalation_of_commitment
http://en.wikipedia.org/wiki/Sunk_costs#Loss_aversion_and_the_sunk_cost_fallacy
@h2o started
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Re buses - even if it'd be quicker to walk, once people start waiting they don't want to stop because they've already waited however many minutes and surely there must be the next bus around the corner....
http://en.wikipedia.org/wiki/Escalation_of_commitment
http://en.wikipedia.org/wiki/Sunk_costs#Loss_aversion_and_the_sunk_cost_fallacy