Jørgensen, Finn; Mathisen, Terje Andreas; Larsen, Berner - In: Transport Policy 18 (2011) 1, pp. 76-84
The article first infers how consumer surplus in a market is linked to revenue under different assumptions about fare elasticity and when using different types of demand functions. This information is added to producer surplus in order to derive social surplus. The method, thus, produces a...