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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), pp. 451-468.

Record type: Article

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.

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More information

Published date: September 2007

Identifiers

Local EPrints ID: 53382
URI: http://eprints.soton.ac.uk/id/eprint/53382
ISSN: 0022-5258
PURE UUID: 26bbd4c5-f7b9-4806-a5b6-388f5e1cb0cd
ORCID for J. M. Preston: ORCID iD orcid.org/0000-0002-6866-049X

Catalogue record

Date deposited: 22 Jul 2008
Last modified: 17 Jul 2017 14:38

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