Valido, Jorge; Pilar Socorro, M.; Hernández, Aday; … - In: Transportation Research Part E: Logistics and … 70 (2014) C, pp. 388-399
We consider passengers with different willingness to pay that may live in a given geographical area and, thus, be entitled to a subsidy. The carrier has market power and may increase the ticket price if a subsidy for resident passengers is introduced. First, we find that if the proportion of...