This paper examines the optimal level of public transport pricing in metropolitan areas, using Stockholm and Paris as case studies. It shows that overall welfare improves if public transport prices are increased during peak hours to balance demand and fund additional services in the peak. This...

This paper examines the optimal level of public transport pricing in metropolitan areas, using Stockholm and Paris as case studies. It shows that overall welfare improves if public transport prices are increased during peak hours to balance demand and fund additional services in the peak. This...

This paper aims at providing an explanation of the observed espresso price dispersion across major Italian cities. The empirical evidence suggests a positive relationships between the average espresso price in a city and the number of coffee shops (normalized for the adult population) operating...