Abstract
In this paper, it is shown that integrated tariffs can be used to extract the consumer's surplus when there are a lot of connections supplied so that the law of large numbers applies in the estimation of the consumer's willingness to pay. The time validity limitations of tickets are explained by a nonlinear pricing approach. Links between optimal pricing in local public transport and network characteristics are highlighted.
Lingua originale | Inglese |
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pagine (da-a) | 875-885 |
Numero di pagine | 11 |
Rivista | Annals of Regional Science |
Volume | 40 |
Numero di pubblicazione | 4 |
DOI | |
Stato di pubblicazione | Pubblicato - dic 2006 |