The economic rationale for integrated tariffs in local public transport

Carla Marchese

Risultato della ricerca: Contributo su rivistaArticolo in rivistapeer review

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 originaleInglese
pagine (da-a)875-885
Numero di pagine11
RivistaAnnals of Regional Science
Volume40
Numero di pubblicazione4
DOI
Stato di pubblicazionePubblicato - dic 2006

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