Author: Marchese, Carla

Source: The Annals of Regional Science, Volume 40, Number 4, December 2006 , pp. 875-885(11)

Publisher: Springer

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.

Keywords: H79; L92; L97

Document Type: Research article

DOI: http://dx.doi.org/10.1007/s00168-005-0045-3

Affiliations: 1: Email: carla.marchese@sp.unipmn.it

Publication date: 2006-12-01

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