Bus Fares Pricing
作者:
BrearleyJ.,
MercerA.,
期刊:
Journal of the Operational Research Society
(Taylor Available online 1995)
卷期:
Volume 46,
issue 6
页码: 708-712
ISSN:0160-5682
年代: 1995
DOI:10.1057/jors.1995.100
出版商: Taylor&Francis
关键词: Pricing;Bus Transport
数据来源: Taylor
摘要:
AbstractTransport pricing at the level of the firm is addressed. The numbers of full fare passengers travelling on three routes of two competing bus companies are analysed using a multiplicative discontinuous price model. Results show that generally only the operator increasing the price suffers a loss of passengers and the price elasticity is a non-linear function of the resulting price difference. The method of analysis and the results have implications for the market modelling of fast moving consumer goods. It is noted that almost no studies of transport pricing at the level of the firm have been carried out previously because of lack of data.
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