This paper examines the optimal level of public transport pricing in metropolitan areas, using Stockholm and Paris as case studies. It shows that overall welfare improves if public transport prices are increased during peak hours to balance demand and fund additional services in the peak. This...

This paper examines the optimal level of public transport pricing in metropolitan areas, using Stockholm and Paris as case studies. It shows that overall welfare improves if public transport prices are increased during peak hours to balance demand and fund additional services in the peak. This...

In December 2003, the French government decided to implement an ambitious transport policy with a set of significant transport infrastructure projects. So as to finance a part of this policy a new public funding agency, called AFITF ("Agence pour le Financement des Infrastructures de Transport...

France embarked on high-speed rail travel almost 40 years ago. Today it carries more passengers by far on its high-speed trains than any other European country. Regarded as something of a niche activity initially, high-speed rail has become a national priority in France as evidenced by its 1...