Equal split in the informal market for group train travel

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 118
Issue: 2
Pages: 327-329

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper, we make use of a unique dataset collected at the central train station of the city of Kiel, Germany. Group tickets are used by individual proposers looking for co-travelers to share the ride with shortly before the train departure. The shared ride is offered for a fixed price. We observe that the prevailing price offer corresponds to an equal split of the ticket cost between the maximum possible number of co-travelers. This result is remarkable, because the positions of the bargaining parties are clearly asymmetric and formation of the full group is not guaranteed.

Technical Details

RePEc Handle
repec:eee:ecolet:v:118:y:2013:i:2:p:327-329
Journal Field
General
Author Count
3
Added to Database
2026-01-25