haku: @author Mercer, A. / yhteensä: 23
viite: 7 / 23
Tekijä: | Brearley, J. Mercer, A. |
Otsikko: | Bus fares pricing |
Lehti: | Journal of the Operational Research Society
1995 : JUN, VOL. 46:6, p. 708-712 |
Asiasana: | PRICING TRANSPORT OPERATIONAL RESEARCH |
Kieli: | eng |
Tiivistelmä: | Transport pricing at the level of the firm is addressed. The numbers of full fare passengers travelling on three routes or two competing bus companies are analyzed using a multiplicative discontinuous price model. Results show that generally only the operator increasing the price suffers a loss of passengers and the price elasticity is a non-linear function of the resulting price difference. The method of analysis and the results have implication for the market modelling of fast moving consumer goods. almost no studies of transport pricing at the level of the firm have been carried out previously. |
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