Cable cars: From optimal design to optimal pricing

Although cable car services have become an integral part of the transit system in many cities in the world, their specific technology has never been studied from the viewpoint of the links between optimal design and marginal cost pricing. Here the authors formulate, solve and apply a first model to represent the specific features of a cable car system considering operators' and users' costs. The links among cabins’ density, their speed and capacity, frequency, slope, and others, are formulated to obtain the optimal design variables as a function of demand volume, a system cost function, marginal and average costs, and first best money prices and possible subsidies. An application with sensitivity analysis illustrates the model.

• Record URL:
  • https://doi.org/10.1016/j.retrec.2024.101406
• Record URL:
  • http://www.sciencedirect.com/science/article/pii/S0739885924000015
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/07398859
• Supplemental Notes:
  • © 2024 Elsevier Ltd. All rights reserved. Abstract reprinted with permission of Elsevier.
• Authors:
  • Jara-Diaz, Sergio R
  • 0000-0002-0442-5490
  • Muñoz-Paulsen, Esteban
  • 0000-0003-0203-6931
• Publication Date: 2024-3

Language

• English

Media Info

• Media Type: Web
• Features: References;
• Pagination: 101406
• Serial:
  • Research in Transportation Economics
  • Volume: 103
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 0739-8859
  • Serial URL: http://www.sciencedirect.com/science/journal/07398859

Subject/Index Terms

• TRT Terms: Cable cars; Design; Marginal costs; Operating costs; Person capacity; Pricing
• Subject Areas: Design; Finance; Public Transportation; Vehicles and Equipment;

Filing Info

• Accession Number: 01906098
• Record Type: Publication
• Files: TRIS
• Created Date: Jan 26 2024 4:24PM