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Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-29712
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dc.contributor.authorThommen, Christoph-
dc.contributor.authorHintermann, Beat-
dc.date.accessioned2024-02-02T09:23:21Z-
dc.date.available2024-02-02T09:23:21Z-
dc.date.issued2023-06-21-
dc.identifier.issn0965-8564de_CH
dc.identifier.issn0191-2607de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/29712-
dc.description.abstractUsing 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 gap between the early booking period and departure 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. Ending the early booking period on midnight of the previous day rather than one hour before departure leads to a decrease in the sale of discount tickets by 18–30%, which is equivalent to a price increase by 26–43%. Last, we find that increasing the discount causes people to purchase their tickets at an earlier time, which allows us to quantify the value of commitment. Our results help design measures for peak-shifting in transport at least societal cost.de_CH
dc.language.isoende_CH
dc.publisherElsevierde_CH
dc.relation.ispartofTransportation Research Part A: Policy and Practicede_CH
dc.rightshttps://creativecommons.org/licenses/by/4.0/de_CH
dc.subjectField experimentde_CH
dc.subjectPublic transportde_CH
dc.subjectTrainde_CH
dc.subjectDynamic pricingde_CH
dc.subjectPeak pricingde_CH
dc.subjectSwitzerlandde_CH
dc.subject.ddc380: Verkehrde_CH
dc.titlePrice versus commitment : managing the demand for off-peak train tickets in a field experimentde_CH
dc.typeBeitrag in wissenschaftlicher Zeitschriftde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitWinterthurer Institut für Gesundheitsökonomie (WIG)de_CH
dc.identifier.doi10.1016/j.tra.2023.103691de_CH
dc.identifier.doi10.21256/zhaw-29712-
zhaw.funding.euNode_CH
zhaw.issue103691de_CH
zhaw.originated.zhawYesde_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.volume174de_CH
zhaw.publication.reviewPeer review (Publikation)de_CH
zhaw.author.additionalNode_CH
zhaw.display.portraitYesde_CH
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Thommen, C., & Hintermann, B. (2023). Price versus commitment : managing the demand for off-peak train tickets in a field experiment. Transportation Research Part A: Policy and Practice, 174(103691). https://doi.org/10.1016/j.tra.2023.103691
Thommen, C. and Hintermann, B. (2023) ‘Price versus commitment : managing the demand for off-peak train tickets in a field experiment’, Transportation Research Part A: Policy and Practice, 174(103691). Available at: https://doi.org/10.1016/j.tra.2023.103691.
C. Thommen and B. Hintermann, “Price versus commitment : managing the demand for off-peak train tickets in a field experiment,” Transportation Research Part A: Policy and Practice, vol. 174, no. 103691, Jun. 2023, doi: 10.1016/j.tra.2023.103691.
THOMMEN, Christoph und Beat HINTERMANN, 2023. Price versus commitment : managing the demand for off-peak train tickets in a field experiment. Transportation Research Part A: Policy and Practice. 21 Juni 2023. Bd. 174, Nr. 103691. DOI 10.1016/j.tra.2023.103691
Thommen, Christoph, and Beat Hintermann. 2023. “Price versus Commitment : Managing the Demand for Off-Peak Train Tickets in a Field Experiment.” Transportation Research Part A: Policy and Practice 174 (103691). https://doi.org/10.1016/j.tra.2023.103691.
Thommen, Christoph, and Beat Hintermann. “Price versus Commitment : Managing the Demand for Off-Peak Train Tickets in a Field Experiment.” Transportation Research Part A: Policy and Practice, vol. 174, no. 103691, June 2023, https://doi.org/10.1016/j.tra.2023.103691.


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