A Rational Alternative Fare Structure for British Rail Commuters: A Comment

A Rational Alternative Fare Structure for British Rail Commuters: A Comment

The comment is on the article by J.G. Gibson in the September 1981 issue of this Journal. The author of the article replies to this, and also to an earlier comment by C.A. Nash published in January 1982.

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Optimal Public transport Price and Service Frequency

Because values of time and passenger behaviour depend on the level of frequency it is found that: (1) in urban public transport there may be one low-deficit local optimum and one high-deficit local optimum, one of which is global; (2) contrary to what might be expected, optimal financial deficit per passenger is typically larger for high frequency services than for low-frequency services; (3) the optimal off-peak may exceed the optimal peak price.

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