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Problems in Attaining an Optimum Ratio Between Long-distance Individual and Public Passenger Transport

  • H. St. Seidenfus
Part of the International Economic Association Publications book series (IEA)

Abstract

Were Phineas Fogg to be alive today, with his passion for betting, his health and his riches still intact, he would have no difficulty in completing his journey around the world in eighty hours. He would make extensive use of the aeroplane as a means of public transport and might well make private arrangements for the journey to and from the airport. This would represent an optimum ratio between private and public transportation for his purpose, though naturally a less attractive one than on his first attempt described to us with the vivid imagination of Jules Verne. This reminiscence of past adventures in the world of literature may illustrate the enormous development undergone by long-distance traffic during this century; whether for consumer or business purposes, it has become a mass phenomenon whose significance is reinforced by the increasing international relations that are an essential consequence of an institutionally organised international economy and growing co-operation in the spheres of politics and culture.

Keywords

Public Transport Petrol Price Passenger Transport Private Transport Collective Consumption 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. Baum, H. (1973). Free public transport, Journal of Transport Economics and Policy, 7, 3–17.Google Scholar
  2. Koopmans, T. C. (1977). Concepts of Optimality and their Uses, The American Economic Review, 67, 261–74.Google Scholar
  3. Nash, C. A. (1976). Public versus Private Transport.CrossRefGoogle Scholar
  4. OECD (1977). The Future of European Passenger Transport, Final Report on the OECD study on European Intercity Passenger Transport Requirements.Google Scholar

Copyright information

© International Economic Association 1983

Authors and Affiliations

  • H. St. Seidenfus

There are no affiliations available

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