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dc.contributor.authorThommen, Christoph-
dc.contributor.authorHintermann, Beat-
dc.date.accessioned2023-07-13T11:53:30Z-
dc.date.available2023-07-13T11:53:30Z-
dc.date.issued2022-
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/28255-
dc.description.abstractUsing data from a field experiment, we provide estimates for the own-price elasticity of train travel in Switzerland. Our estimates are based on exogenous changes to the level of discounts for long-distance trains and thus avoid the usual endogeneity problem between demand-dependent discounts. Besides the price, we also vary the length of the pre-sale period during the experiment, which allows us to recover the relative effectiveness of pricing and timing measures. We compute own-price elasticities of around -0.7. Extending the pre-sale deadline by one hour leads to an increase in the pre-sale of discount tickets by 2.1%, which is equivalent to a price decrease by 3.1%. Reducing the price by 10% causes customers to purchase the discount ticket 7 hours earlier. Our results help design measures for peak-shifting in transport at least societal cost.de_CH
dc.format.extent42de_CH
dc.language.isoende_CH
dc.publisherUniversität Baselde_CH
dc.rightsLicence according to publishing contractde_CH
dc.subjectField experimentde_CH
dc.subjectPublic transport systemde_CH
dc.subjectTrainde_CH
dc.subjectDynamic pricingde_CH
dc.subject.ddc380: Verkehrde_CH
dc.titlePrice versus commitment : managing the demand for off-peak train tickets in a field experimentde_CH
dc.typeWorking Paper – Gutachten – Studiede_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitWinterthurer Institut für Gesundheitsökonomie (WIG)de_CH
zhaw.publisher.placeBaselde_CH
dc.identifier.doi10.5451/unibas-ep89789de_CH
zhaw.funding.euNode_CH
zhaw.originated.zhawYesde_CH
zhaw.author.additionalNode_CH
zhaw.display.portraitYesde_CH
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Thommen, C., & Hintermann, B. (2022). Price versus commitment : managing the demand for off-peak train tickets in a field experiment. Universität Basel. https://doi.org/10.5451/unibas-ep89789
Thommen, C. and Hintermann, B. (2022) Price versus commitment : managing the demand for off-peak train tickets in a field experiment. Basel: Universität Basel. Available at: https://doi.org/10.5451/unibas-ep89789.
C. Thommen and B. Hintermann, “Price versus commitment : managing the demand for off-peak train tickets in a field experiment,” Universität Basel, Basel, 2022. doi: 10.5451/unibas-ep89789.
THOMMEN, Christoph und Beat HINTERMANN, 2022. Price versus commitment : managing the demand for off-peak train tickets in a field experiment. Basel: Universität Basel
Thommen, Christoph, and Beat Hintermann. 2022. “Price versus Commitment : Managing the Demand for Off-Peak Train Tickets in a Field Experiment.” Basel: Universität Basel. https://doi.org/10.5451/unibas-ep89789.
Thommen, Christoph, and Beat Hintermann. Price versus Commitment : Managing the Demand for Off-Peak Train Tickets in a Field Experiment. Universität Basel, 2022, https://doi.org/10.5451/unibas-ep89789.


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