AbstractThis paper reports the findings of an economic evaluation of fares regulation options for Britain’s railways. The evaluation is based on the development of an econometric demand model based on a large scale survey of passenger preferences. The model was applied to comprehensive case study analysis of candidate fares regulation options based on the notion of a ‘fares basket’ and it was found that for any given price cap, any specific objective of revenue generation will be attained with lower welfare penalty if the basket is defined widely rather than narrowly.
Optimal fares regulation for Britain’s railways
Transportation Research Part E: Logistics and Transportation Review ; 44 , 5 ; 807-819
2007-03-30
13 pages
Article (Journal)
Electronic Resource
English
Optimal fares regulation for Britain's railways
British Library Conference Proceedings | 2005
|Optimal fares regulation for Britain’s railways
Online Contents | 2008
|Optimal fares regulation for Britain’s railways
Online Contents | 2008
|Optimal fares regulation for Britain's railways
British Library Conference Proceedings | 2005
|TIBKAT | 1954
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