An Economic Analysis of the Price System of Real-Name System for Train Ticket

From the view of economics, ticket speculation phenomena from the economic management and sales system defects, reveals that train ticket selling institutions are not only inefficient but also operate in favor of ticket scalpers. As rules of conduct for regulating trading activities between the railway authorities and passengers, a real-name system for train tickets is a re-arrangement to the existing ticket system. This is the result of institutional change and the important measure for eradication of the ticket speculation phenomena and improvement of the efficiency of ticket sales. The overall efficiency of ticket sales is co-determined by supply and demand, ticket speculation, and sales. From an economic perspective, based on the analysis of the ticket supply and demand in different periods and the profit space of ticket scalpers, this paper carries out a feasibility demonstration of the real-name system reform. Through benefits evaluation, the contact and impact with supply and demand, ticket speculation and sales are summarized. The feasibility and necessity of the real-name system in China are expounded.

• Record URL:
  • https://doi.org/10.1061/41184(419)75
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/9780784411841
• Supplemental Notes:
  • Copyright © 2011 ASCE
• Corporate Authors:

  American Society of Civil Engineers

  1801 Alexander Bell Drive
  Reston, VA  United States  20191-4400
• Authors:
  • Wang, Yu
  • Li, Jitao
• Conference:
  • Third International Conference on Transportation Engineering (ICTE)
  • Location: Chengdu , China
  • Date: 2011-7-23 to 2011-7-25
• Publication Date: 2011

Language

• English

Media Info

• Media Type: Digital/other
• Features: Figures; References;
• Pagination: pp 452-457
• Monograph Title: ICTE 2011

Subject/Index Terms

• TRT Terms: Economic analysis; Prices; Pricing; Railroad transportation; Tickets
• Subject Areas: Economics; Railroads; I10: Economics and Administration;

Filing Info

• Accession Number: 01447615
• Record Type: Publication
• ISBN: 9780784411841
• Files: TRIS, ASCE
• Created Date: Sep 28 2012 9:11AM