Searching for a path out of distance fares - A review of historical passenger railway pricing and an agent-based simulation study on possible fare amendments (Paperback, 1st ed. 2014, Reprint 2018)

This work reconstructs the history of fare policy in the European passenger railway industry and integrates behavioural pricing theory into an agent-based simulation model for railway revenue management. The model is employed to conduct artificial experiments on fare innovations. It represents supply and demand on a transport market including car traffic and is calibrated with empirical data of an incumbent European railway. The model uses a combination of marketing concepts, dynamics in time and social interaction of consumers to analyse revenue effects of different pricing options. This book provides insights for readers interested in the commercial aspects of transportation history. Furthermore, it is directed at researchers interested in pricing theory and the simulation method. It is also a rich source of information for practitioners in the revenue management branches of transport enterprises.

General

Imprint:	Springer Gabler
Country of origin:	Germany
Series:	Edition KWV
Release date:	August 2018
First published:	2014
Authors:	Norman Kellermann
Dimensions:	240 x 168mm (L x W)
Format:	Paperback
Pages:	261
Edition:	1st ed. 2014, Reprint 2018
ISBN-13:	978-3-658-23111-8
Categories:	Books > Business & Economics > Business & management > Sales & marketing > General Books > Business & Economics > Industry & industrial studies > Transport industries > Railway transport industries > General
LSN:	3-658-23111-4
Barcode:	9783658231118

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