The Efficiency of Public Transport Objectives and Subsidy Formulas

Mark w. Frankena

33 citations0/0 files storedJournal of Transport Economics and Policy

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Transportation Planning and Optimization transportation and logistics systems Transport and Economic Policies

Abstract

Maximisation of ridership appears to be inefficient, but this depends on the demand and cost functions. It is also necessary to know these to judge the efficiency of any subsidy formula.

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1975Monopoly, Quality, and Regulation 1969TOWARD A THEORY OF NON-PROFIT INSTITUTIONS: AN ECONOMIC MODEL OF A HOSPITAL 1976Price, Quality and Quantity Regulation in Monopoly Situations 1978Management Objectives, Fares and Service Levels in Bus Transport

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