The Relationship Between Fare and Travel Distance

Finn Jørgensen and John Preston

Journal of Transport Economics and Policy, 2007, vol. 41, issue 3, 451-468

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. © 2007 LSE and the University of Bath

Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://www.catchword.com/cgi-bin/cgi?ini=bc&body=l ... 0070901)41:3L.451;1- (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tpe:jtecpo:v:41:y:2007:i:3:p:451-468

Access Statistics for this article

Journal of Transport Economics and Policy is currently edited by B T Bayliss, S A Morrison, A Smith and D Graham

More articles in Journal of Transport Economics and Policy from University of Bath
Bibliographic data for series maintained by Christopher F. Baum ().