An efficient fare structure for urban public transport

Biggs, Andrew John Grainge. (1982). An efficient fare structure for urban public transport Honours Thesis, Dept. of Economics, The University of Queensland.

       
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Author Biggs, Andrew John Grainge.
Thesis Title An efficient fare structure for urban public transport
School, Centre or Institute Dept. of Economics
Institution The University of Queensland
Publication date 1982
Thesis type Honours Thesis
Total pages 102
Language eng
Subjects 14 Economics
Formatted abstract       With particular reference to urban public transport in Brisbane, this paper suggests that improvements in economic efficiency can be made at the level of the individual public transport network by introducing an efficient fare structure.

      The objectives of the paper are to establish the theoretical basis for efficient pricing (chapter 2), discuss the relevant economic characteristics of urban public transport (chapter 3), critically examine the actual Brisbane networks (chapter 4), propose an efficient fare structure and apply it to Brisbane operations (chapter 5) taking account of any constraints (chapter 6), and to make some possible recommendations for actually achieving more efficient fare structures in Brisbane (chapter 7).

      This exercise in applied microeconomics concludes that internal efficiency is unlikely to exist for either Queensland Railwayslsuburban rail network or the Brisbane City Council's bus network. This paper argues that, regardless of financial performance and regardless of the resources allocated to urban public transport, real welfare gains can be obtained by the introduction of an efficient fare structure for each of Brisbane's major public transport networks.

 
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Created: Tue, 09 Nov 2010, 14:53:27 EST by Muhammad Noman Ali on behalf of The University of Queensland Library