| Publikationstyp: | Working Paper – Gutachten – Studie |
| Titel: | Price versus commitment : managing the demand for off-peak train tickets in a field experiment |
| Autor/-in: | Thommen, Christoph Hintermann, Beat |
| et. al: | No |
| DOI: | 10.5451/unibas-ep89789 |
| Umfang: | 42 |
| Erscheinungsdatum: | 2022 |
| Verlag / Hrsg. Institution: | Universität Basel |
| Verlag / Hrsg. Institution: | Basel |
| Sprache: | Englisch |
| Schlagwörter: | Field experiment; Public transport system; Train; Dynamic pricing |
| Fachgebiet (DDC): | 380: Verkehr |
| Zusammenfassung: | Using data from a field experiment, we provide estimates for the own-price elasticity of train travel in Switzerland. Our estimates are based on exogenous changes to the level of discounts for long-distance trains and thus avoid the usual endogeneity problem between demand-dependent discounts. Besides the price, we also vary the length of the pre-sale period during the experiment, which allows us to recover the relative effectiveness of pricing and timing measures. We compute own-price elasticities of around -0.7. Extending the pre-sale deadline by one hour leads to an increase in the pre-sale of discount tickets by 2.1%, which is equivalent to a price decrease by 3.1%. Reducing the price by 10% causes customers to purchase the discount ticket 7 hours earlier. Our results help design measures for peak-shifting in transport at least societal cost. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/28255 |
| Lizenz (gemäss Verlagsvertrag): | Lizenz gemäss Verlagsvertrag |
| Departement: | School of Management and Law |
| Organisationseinheit: | Winterthurer Institut für Gesundheitsökonomie (WIG) |
| Enthalten in den Sammlungen: | Publikationen School of Management and Law |
Dateien zu dieser Ressource:
Es gibt keine Dateien zu dieser Ressource.
Zur Langanzeige
Thommen, C., & Hintermann, B. (2022). Price versus commitment : managing the demand for off-peak train tickets in a field experiment. Universität Basel. https://doi.org/10.5451/unibas-ep89789
Thommen, C. and Hintermann, B. (2022) Price versus commitment : managing the demand for off-peak train tickets in a field experiment. Basel: Universität Basel. Available at: https://doi.org/10.5451/unibas-ep89789.
C. Thommen and B. Hintermann, “Price versus commitment : managing the demand for off-peak train tickets in a field experiment,” Universität Basel, Basel, 2022. doi: 10.5451/unibas-ep89789.
THOMMEN, Christoph und Beat HINTERMANN, 2022. Price versus commitment : managing the demand for off-peak train tickets in a field experiment. Basel: Universität Basel
Thommen, Christoph, and Beat Hintermann. 2022. “Price versus Commitment : Managing the Demand for Off-Peak Train Tickets in a Field Experiment.” Basel: Universität Basel. https://doi.org/10.5451/unibas-ep89789.
Thommen, Christoph, and Beat Hintermann. Price versus Commitment : Managing the Demand for Off-Peak Train Tickets in a Field Experiment. Universität Basel, 2022, https://doi.org/10.5451/unibas-ep89789.
Alle Ressourcen in diesem Repository sind urheberrechtlich geschützt, soweit nicht anderweitig angezeigt.