Titlebook: Searching for a path out of distance fares; A review of historic Norman Kellermann Book 2014 Springer Fachmedien Wiesbaden GmbH, part of Sp

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978-3-658-23111-8Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2014

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2946-0301 imed at researchers as well as practitioners.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 experi

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Establishing the research framework,epts by reflecting the psychological aspects of consumer choice. Together, these theories form the theoretical core for empirical research in this dissertation. The theory of path dependence bears to potential to better understand price formation in a given economic sector and can be used together w

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Discussion,s a rigidified pattern in the field of fare-setting among major European train operators – the standard railway tariff based on distance. Building on this finding, this work subsequently elaborates on possible efficient alternatives to an inert fare structure in the case of a specific train operator