English, Article edition: The Relationship Between Fare and Travel Distance Finn Jørgensen; John Preston

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Bookmark: http://trove.nla.gov.au/version/32817
Physical Description
  • article
Language
  • English

Edition details

Title
  • The Relationship Between Fare and Travel Distance
Author
  • Finn Jørgensen
  • John Preston
Physical Description
  • article
Notes
  • This paper develops a model to examine how a transport operator who is concerned about both profit and consumer surplus will design a uniform fare scheme and the relationship between fare and travel distance within such a scheme. The paper also analyses how travellers' generalised cost are linked to trip length. It is shown that how fare and generalised cost relate to trip length is critically dependent on the weight the transport operator puts on profit and the assumptions made about the demand conditions. The model's results are discussed in the light of Norwegian data for bus and ferry transport. © 2007 LSE and the University of Bath
  • RePEc:tpe:jtecpo:v:41:y:2007:i:3:p:451-468
Language
  • English
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