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Club Subscriptions for Public transport Passengers

Club Subscriptions for Public transport Passengers

A suggestion for a two-part tariff for public transport. Each person would choose whether to invest in a car or to pay a subscription representing his share of public transport investment for a fixed period. Actual journeys would then be paid for on a marginal cost basis, and the present bias in favour of the private car would be removed.

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Cost Functions for Inland Waterways transport in the United States

American inland waterway transport is subject to a complicated system of control by government agencies, which require knowledge of costs. Inland waterway costs have fallen slightly, and a large share of the market has come into the hands of a small number of firms. The authors find increasing returns to scale for size of firm and output.

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