Journal article

Equal Split In The Informal Market For Group Train Travel

Year:

2013

Published in:

Economics Letters
group tickets
co-travelers
price offer
equal split
bargaining asymmetry

In this paper, we make use of a unique dataset collected at the central train station of the city of Kiel, Germany. Group tickets are used by individual proposers looking for co-travelers to share the ride with shortly before the train departure. The shared ride is offered for a fixed price. We observe that the prevailing price offer corresponds to an equal split of the ticket cost between the maximum possible number of co-travelers. This result is remarkable, because the positions of the bargaining parties are clearly asymmetric and formation of the full group is not guaranteed.

Other publications by

36 publications found

2017
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Authors: Artem Korzhenevych, Manisha Jain

2013
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Do The Selected Trans European Transport Investments Pass The Cost Benefit Test?

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Authors: Artem Korzhenevych, Stef Proost, Fay Dunkerley, Saskia Van der Loo, Nicole Adler, Johannes Bröcker

2019
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Determinants Of Growth In Non‑Municipal Areas Of Delhi: Rural–Urban Dichotomy Revisited

Publisher: Journal of Housing and the Built Environment

Authors: Artem Korzhenevych

2019
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Detection Of Urban System In India: Urban Hierarchy Revisited

Publisher: Landscape and Urban Planning

Authors: Artem Korzhenevych, Manisha Jain

2024
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Publisher: Review of Regional Research

Authors: Artem Korzhenevych, Thomas Brenner, Iris Wanzenböck, Kristina Nyström

2017
Working paper

The Effect Of Land Consumption On Municipal Tax Revenue: Evidence From Bavaria

Publisher: Technische Universität Dresden

Authors: Artem Korzhenevych, Sebastian Langer

2020
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Urbanisation As The Rise Of Census Towns In India: An Outcome Of Traditional Master Planning?

Publisher: Cities

Authors: Artem Korzhenevych, Manisha Jain

2011
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Predicting Freight Flows In A Globalising World

Publisher: Research in Transportation Economics

Authors: Artem Korzhenevych, Johannes Bröcker, Marie-Catherine Riekhof

2020
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Investment Subsidies And Regional Welfare: A Dynamic Framework And Its Application To The European Regional Policy

Publisher: Regional Studies

Authors: Artem Korzhenevych, Johannes Bröcker