{"title":"Multi-product airport competition and optimal airport charges","authors":"Xi Wan , Benteng Zou","doi":"10.1016/j.retrec.2024.101410","DOIUrl":"https://doi.org/10.1016/j.retrec.2024.101410","url":null,"abstract":"<div><p>This paper examines the importance of commercial revenue on optimal airport charges in a Hotelling-type duopoly airports competition. Each airport offers multi-products to heterogeneous consumers (airlines and passengers) and sets commercial and landing charges and serves. The airport-airline bundle competes for leisure and business passengers. The setting of landing charges under different regulatory regimes is investigated. We demonstrate that in the leisure travel market, which ignores schedule delay cost, the optimal landing fee is invariant to the regulatory scheme, and concession revenue is determined by an airport’s home market size. In the business travel market, the optimal landing charge is smaller if concession revenue is included in setting the landing fee than if it is not included. In the former case, increasing passenger volume does not guarantee increases in airports’ aeronautical revenue, and a negative impact may exist if the weight of concession profit out of total profit is small.</p></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"103 ","pages":"Article 101410"},"PeriodicalIF":3.8,"publicationDate":"2024-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139548529","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The value of time in a repeated and one-off setup","authors":"Renata Kosíková , Ondřej Krčál , Stefanie Peer","doi":"10.1016/j.retrec.2024.101408","DOIUrl":"https://doi.org/10.1016/j.retrec.2024.101408","url":null,"abstract":"<div><p>Some recent studies have highlighted the importance of considering the temporal context as a potential factor influencing time valuation estimates. However, in studies that compare shorter and longer-run choice settings, various elements tend to differ between the two settings, rendering it difficult to infer what drives short- and long-run estimates apart. This paper focuses on the comparison between time valuations associated with one-off vs. repeated events. We present the results of a lab experiment on the valuation of waiting time, which has been carefully designed such that the only element varying between the two treatments is whether the choice has a repetitive character or concerns a one-off event. We find no significant differences between the two treatments, and hence can conclude that the repetitive character of a choice situation is unlikely to drive differences between short- and long-run estimates, at least if the concerned travel or waiting times are relatively short (¡10 min).</p></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"103 ","pages":"Article 101408"},"PeriodicalIF":3.8,"publicationDate":"2024-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139487495","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Beibei Hu , Yue Sun , Zixun Li , Yanli Zhang , Huijun Sun , Xianlei Dong
{"title":"Competitive advantage of car-sharing based on travel costs comparison model: A case study of Beijing, China","authors":"Beibei Hu , Yue Sun , Zixun Li , Yanli Zhang , Huijun Sun , Xianlei Dong","doi":"10.1016/j.retrec.2024.101407","DOIUrl":"https://doi.org/10.1016/j.retrec.2024.101407","url":null,"abstract":"<div><p>In recent years, car-sharing has emerged and developed in different cities in China, supplementing other urban transportation modes, but also triggering fierce competition with some of them, such as taxis. In this study, we use the car-sharing orders and GPS trajectory data of a company in Beijing, China, to discuss the competitive advantages, market, and development trends of car-sharing from the perspective of travel costs. By building a travel costs comparison model, we calculate the travel costs of car-sharing and taxis under the same travel scenario, comparing their cost differences in the dimensions of travel mileage, duration, utilization efficiency, etc., and locating the cost advantage space of car-sharing. Further, we discuss the impact of different elements of travel (such as time cost, waiting time, etc.) on the cost advantage of travel by car-sharing. The results reveal that, under the current pricing conditions, the cost advantage of car-sharing is particularly obvious when the rental duration is not too long (less than 14 h), the utilization efficiency is relatively high, and the stop time is shorter than 8 h. We also find that it makes great cost advantage of using car-sharing in periods or areas of urban taxi shortages. In the cases of short travel, car-sharing have bigger cost advantage for the middle and low-income groups. In addition, the popularity of bike-sharing can also increase the cost advantage of car-sharing, which indicates that the synergy of different travel models could promote the development of car-sharing. However, when people travel long, the cost advantage of car-sharing would be minimally affected by the elements, such as people's income and the development of bike-sharing. In other words, car-sharing would keep its cost advantage in the cases of long travel, especially when its utilization efficiency is high and the travel stop time is short.</p></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"103 ","pages":"Article 101407"},"PeriodicalIF":3.8,"publicationDate":"2024-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139436081","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Cable cars: From optimal design to optimal pricing","authors":"Sergio R. Jara-Diaz , Esteban Muñoz-Paulsen","doi":"10.1016/j.retrec.2024.101406","DOIUrl":"https://doi.org/10.1016/j.retrec.2024.101406","url":null,"abstract":"<div><p>Although cable car services have become an integral part of the transit system in many cities in the world, their specific technology has never been studied from the viewpoint of the links between optimal design and marginal cost pricing. Here we formulate, solve and apply a first model to represent the specific features of a cable car system considering operators' and users' costs. The links among cabins’ density, their speed and capacity, frequency, slope, and others, are formulated to obtain the optimal design variables as a function of demand volume, a system cost function, marginal and average costs, and first best money prices and possible subsidies. An application with sensitivity analysis illustrates the model.</p></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"103 ","pages":"Article 101406"},"PeriodicalIF":3.8,"publicationDate":"2024-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139433478","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Aparna Joshi , Agnivesh Pani , Prasanta K. Sahu , Bandhan Bandhu Majumdar , Lóránt Tavasszy
{"title":"Gender and generational differences in omnichannel shopping travel decisions: What drives consumer choices to pick up in-store or ship direct?","authors":"Aparna Joshi , Agnivesh Pani , Prasanta K. Sahu , Bandhan Bandhu Majumdar , Lóránt Tavasszy","doi":"10.1016/j.retrec.2023.101403","DOIUrl":"10.1016/j.retrec.2023.101403","url":null,"abstract":"<div><p>Omnichannel distribution is a retail innovation that provides a seamless purchasing experience to customers through cohesive experience across channels, cross-channel integration, and integrated assistance. Blurring the lines between offline and online shopping, concepts like “Buy-Online-Pickup-In-Store” (BOPIS) and “Buy-In-Store-Ship-Direct” (BSSD) are increasingly becoming accepted in retail operations. While many retailers are still in a nascent phase of integrating online channels and physical stores, consumer-centric studies are called for to investigate the diffusion of these new strategies in the evolving marketplace. Our study explores the key adoption determinants of these new omnichannel strategies, focusing on the case of India. A detailed online survey was used to collect data for a sample of 311 Indian consumers. Econometric analysis<span> reveals the main purchase influencing factors. We find that a quick purchase process, elimination of product delivery delays, delivery and shipping costs, ease of receiving product, retail system reliability and, trust in retailer are key adoption determinants. Purchase returnability is only weakly associated with BOPIS purchase choices while payment security has no significant effect. Among six demographic variables, only gender and age are found to differ significantly between the two concepts. These insights from this study should be useful for retailers to design omnichannel strategies and for transport policy makers to predict the future growth of e-commerce related transport movements.</span></p></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"103 ","pages":"Article 101403"},"PeriodicalIF":3.8,"publicationDate":"2023-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139051298","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
William A. Ellegood, Jason M. Riley, M. Douglas Berg
{"title":"The many costs of operating school buses in America","authors":"William A. Ellegood, Jason M. Riley, M. Douglas Berg","doi":"10.1016/j.retrec.2023.101401","DOIUrl":"10.1016/j.retrec.2023.101401","url":null,"abstract":"<div><p><span>The research seeks to quantify the marginal cost impact of transportation cost drivers on the total operating cost of Texas's public schools and how these costs differ between district type and environment setting. The analysis tests the validity of often cited research findings examining the widely used School Bus Routing Problem (SBRP). We present results from </span>fixed effects regressions with panel data for the total transportation operating cost. Finding the marginal cost of an additional student is 2.5 times greater for a rural district than for an urban district. Additionally, we compare mean average values of school bus transportation metrics between rural, town, suburban, and city districts. Concluding, on average, school bus transportation costs for Rural districts are 40% more per student than a City or Suburban district. The dataset includes eleven years of transportation operating costs from 998 Texas public school districts.</p></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"103 ","pages":"Article 101401"},"PeriodicalIF":3.8,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139051293","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Workshop 2B report: Governance of relationships between authorities and operators with particular reference to situations of fundamental change","authors":"Brendan Finn, Barbara T. Yen","doi":"10.1016/j.retrec.2023.101395","DOIUrl":"10.1016/j.retrec.2023.101395","url":null,"abstract":"<div><p>Contracting public transport services is one of the traditional topics in the Thredbo conference series. Nine papers were presented in this workshop, leading to in-depth discussions on a better contracting framework for informal sectors and on improving stakeholder relationships. The evidence from papers in this workshop fell broadly into three areas. The first considered contracting frameworks to formalise and better organise the informal passenger transport (IPT) sectors, the second discussed contracting issues on resource and pricing strategies, and the third looked at contracting issues for innovative services. In addition to the detail provided by the evidence in the papers, the workshop discussions identified a trade-off relationship between many aspects of the tendering processes and broadly defined stakeholder relationships. The workshop developed five areas for further research: review mechanisms across regions, settings, and disciplines; stakeholder relationships in contracting and concessions; the importance of social outcomes of contracted/concessioned services; quantifying the informal sector; and innovation.</p></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"103 ","pages":"Article 101395"},"PeriodicalIF":3.8,"publicationDate":"2023-12-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139036383","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Daily commuting","authors":"Marcus Berliant","doi":"10.1016/j.retrec.2023.101392","DOIUrl":"10.1016/j.retrec.2023.101392","url":null,"abstract":"<div><p><span><span>Workers generally commute on a daily basis, so we model commuting as a repeated game. The folk theorem implies that for sufficiently large discount factors, the repeated commuting game has as a </span>Nash equilibrium any feasible strategy that is uniformly better than the minimax strategy payoff for a commuter in the one shot game, repeated over the infinite horizon. This includes the efficient equilibria. An example where the efficient payoffs strictly dominate the one shot Nash equilibrium payoffs is provided. Our conclusions pose a challenge to congestion </span>pricing in that equilibrium selection could be at least as effective in improving welfare. We examine evidence from St. Louis to determine what equilibrium strategies are actually played in the repeated commuting game.</p></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"103 ","pages":"Article 101392"},"PeriodicalIF":3.8,"publicationDate":"2023-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139036466","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Workshop 5 report: New service models: Governing emerging mobility services","authors":"Göran Smith, Chinh Ho","doi":"10.1016/j.retrec.2023.101398","DOIUrl":"10.1016/j.retrec.2023.101398","url":null,"abstract":"<div><p>The rise of new service models for passenger transport is arguably transforming the mobility landscape. Concurrently, the COVID-19 pandemic has disrupted mobility practices and questioned traditional public transport models. Given the negative externalities of transport, and the key role of shared mobility in reducing these, it is therefore critical to work out what governments can do to ensure that the new service models contribute to making mobility service systems more attractive to users as well as more energy-, space- and cost-efficient. Workshop 5 of the 17th International Conference on Competition and Ownership in Land Passenger Transport set out to address these issues. It included thirteen papers that reported evidence about demand-responsive transport (DRT), ridesourcing, ridesharing, and Mobility-as-a-Service (MaaS) as well as about innovations within traditional public transport, taxi, and paratransit. The workshop discussed what roles governments have adopted, what types of regulations and policies they have been using, and what is known about the impacts of these governance approaches. Drawing on this discussion, the workshop developed a set of policy recommendations designed to cater for democratic governance processes with transformative impacts as well as a list of potential avenues for further research on the governance of emerging mobility services.</p></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"103 ","pages":"Article 101398"},"PeriodicalIF":3.8,"publicationDate":"2023-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138824052","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Workshop 2A report: Public transport governance via contracting, collaboration, and hybrid organisational arrangements","authors":"Andrei Dementiev, Gunnar Alexandersson","doi":"10.1016/j.retrec.2023.101394","DOIUrl":"10.1016/j.retrec.2023.101394","url":null,"abstract":"<div><p>A key focus for this workshop was the interaction between authorities, operators and other corporate actors involved in public transport, with particular reference to how long-established contracting practices are surviving. Interorganisational relationships were considered from a broader perspective to provide a theoretical rationale for the scope of renegotiation and contractual flexibility, for example against the background of technical transitions and external shocks like COVID-19. The workshop outcomes are presented along three main headlines: collaboration vs coordination, contractual arrangements in times of transition and uncertainty, and understanding different organisations forms and inter-mediaries. Collectively, they lead to a proposed tentative policy-oriented framework which could be used to structure further discussions at subsequent conferences. Policymakers are recommended to clearly distinguish (and adapt policies) between risks under legally binding agreements and genuinely unforeseen contingencies in incomplete contracts. While risks may be expressed as probabilities (with an attached calculated cost) and can be shared and put in a contract (as long as they are not too costly), uncertainties may instead have to be treated outside the contract. As presented in the framework, this will have governance implications at the strategic, tactical and operational levels in public transport.</p></div>","PeriodicalId":47810,"journal":{"name":"Research in Transportation Economics","volume":"103 ","pages":"Article 101394"},"PeriodicalIF":3.8,"publicationDate":"2023-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138824060","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}