Using a model that explicitly considers service quality, this paper focuses on the problem of whether local government should regulate price in contracting out local public transport services. In the case where price is regulated, the outcome is a lower price, higher output, and lower quality....

Many travel choice models estimated throughout the world have been used to calculate the full value of travel time savings. Its components, however, have never been estimated quantitatively. This article takes into consideration the fact that travel (mode) choice and activity demand models come...

The microeconomic analysis of public transportation involves the optimisation of all resources, both users'and operators'. This has been applied to optimise frequency and fleet size for isolated transit lines, as well as to study optimal spacing for multiple lines serving a single destination....

The purpose of this paper is to study welfare-optimal pricing of passenger and freight transport services in a federation. The prevalence of international transport flows in small open economies creates opportunities for tax competition and tax exporting. The latter strongly depend on the...