| 8, 2003 | The Economic Rationale for Integrated Tariffs in Local Public Transport |
| authors |
Carla
MARCHESE |
| 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 a law of large number 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. |
| this page updated
01/25/2004 19:38