haku: @author Rietveld, P. / yhteensä: 16
viite: 2 / 16
Tekijä:Rietveld, P.
Woudenberg, S. van
Otsikko:Second-best decision making of railway operators: How to fix fares, frequency and vehicle size
Lehti:Journal of Transport Economics and Policy
2007 : SEP, VOL. 41:3, p. 363-385
Asiasana:transport economics
rail transport
models
Netherlands
Kieli:eng
Tiivistelmä:In railway networks (hereafter as: net/nets), optimal strategies call for a differentiated (here as: diff-d.) treatment of fares, frequencies (as: freqs.), and vehicle sizes (as: vch-szs.) in various links. This paper examines the welfare losses implied by uniform setting of fares per km, freqs., or vch-szs. A model with uniform cost structures is used where demand levels vary across segments of the net. It is shown that the largest welfare loss results when freqs. are made uniform across links. The results suggest that where diff-d. prices are important to address issues e.g. congestion etc., diff-d. supply in terms of vch-szs., and particularly freqs., are the preferred ways of addressing demand variations on different segments in a net.
SCIMA tietueen numero: 267519
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