The Determination of Airline Fares and Load Factors. Some Oligopoly Models

The Determination of Airline Fares and Load Factors. Some Oligopoly Models

In a trade-off between prices and schedule convenience too little attention is paid to public preferences. New types of services should be encouraged with peak load pricing and very high density at low prices during off-peak periods.

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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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