The Relationship between Fare and Travel Distance
Jørgensen, F. and Preston, J. M. (2007) The Relationship between Fare and Travel Distance. Journal of Transport Economics and Policy, 41, (3), 451-468.
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Description/Abstract
This paper develops a model to examine how a transport operator who is concerned about both profit and consumer surplus will design a uniform fare scheme and the relationship between fare and travel distance within such a scheme. The paper also analyses how travellers' generalised cost are linked to trip length. It is shown that how fare and generalised cost relate to trip length is critically dependent on the weight the transport operator puts on profit and the assumptions made about the demand conditions. The model's results are discussed in the light of Norwegian data for bus and ferry transport.
| Item Type: | Article |
|---|---|
| ISSNs: | 0022-5258 (print) |
| Related URLs: | |
| Subjects: | H Social Sciences > HE Transportation and Communications T Technology > TA Engineering (General). Civil engineering (General) |
| Divisions: | University Structure - Pre August 2011 > School of Civil Engineering and the Environment |
| Item ID: | 53382 |
| Date Deposited: | 22 Jul 2008 |
| Last Modified: | 02 Mar 2012 13:09 |
| Contributors: | Jørgensen, F. (Author) Preston, J. M. (Author) |
| Date: | September 2007 |
| Status: | Published |
| URI: | http://eprints.soton.ac.uk/id/eprint/53382 |
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