Pricing public transport services
2015 (English)In: Handbook of research methods and applications in transport economics and policy / [ed] Chris Nash, Northampton, MA: Edward Elgar Publishing, 2015, 260-308 p.Chapter in book (Refereed)
This chapter aims at outlining pricing policy for public transport that maximizes the social surplus, that is, the sum of the producer surplus and the consumer surplus, while internalizing possible system-external costs. It starts by presenting the door-to-door transport cost as a key concept in price theory for public transport, and then first principles of optimal pricing valid for all modes of public transport are laid down. These principles are applied to urban (short-distance) public transport in sections 13.2–13.5 and to inter-urban (long-distance) public transport in section 13.6. Section 13.7 summarizes the methodological conclusions.
Place, publisher, year, edition, pages
Northampton, MA: Edward Elgar Publishing, 2015. 260-308 p.
economics and finance, transport, environment, research methods in the environment, transport, research methods, research methods in economics, research methods in the environment, urban and regional studies, research methods in urban and regional studies, transport
Transport Systems and Logistics
IdentifiersURN: urn:nbn:se:liu:diva-125188DOI: 10.4337/9780857937933.00022ISBN: 9780857937926 (Print)ISBN: 9780857937933 (eBook)OAI: oai:DiVA.org:liu-125188DiVA: diva2:903285