Special interest groups and 4th best transport pricing
AbstractThis paper is organized as follows. In order to explain the basic idea of 4th best pricing more fully the following Section 2 will sketch and discuss the above mentioned Laffont model, where it is shown that under certain conditions a uniform tariff may be preferable to an optional tariff because such a uniform tariff is less amenable to the influence of interest groups. Section 3 will illustrate Laffont?s insight with several examples from the transport sector. Section 4 will conclude. --
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Bibliographic InfoPaper provided by Dresden University of Technology, Faculty of Transportation and Traffic Sciences "Friedrich List", Institute for Transport and Economics in its series Discussion Papers with number 1/2006.
Date of creation: 2006
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- Jens Schade & Bernhard Schlag, 2000. "Acceptability of Urban Transport Pricing," Research Reports 72, Government Institute for Economic Research Finland (VATT).
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IDEI Working Papers
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- James Konow, 2003. "Which Is the Fairest One of All? A Positive Analysis of Justice Theories," Journal of Economic Literature, American Economic Association, vol. 41(4), pages 1188-1239, December.
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