Depiction of Fares fair? The economics of setting ticket prices

Fares fair? The economics of setting ticket prices



Regulated rail fares in Great Britain are set to rise by 3% in real terms for each of the next three years, while the entire approach to fares setting is about to be subject to formal review. There are important economic issues surrounding these changes, such as the empirical evidence on how passengers respond to fare changes, and the types of fares regulation that might be introduced.


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Depiction of A fast and low-risk solution to the growth problem?

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