The Effect of Regulated Competition on Scheduled Air Fares

The Effect of Regulated Competition on Scheduled Air Fares

The authors postulate that scheduled airlines react to charter competition by charging lower fares, and a statistical analysis of various air routes from London to Europe does not refute this.

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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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