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Marginal Cost in Private and Public Transport

Jiménez Gómez, Pedro Pablo (2023) Marginal Cost in Private and Public Transport. COGNITIVE SUSTAINABILITY, 2 (1). pp. 1-6. ISSN 2939-5240

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Abstract

For decades, different economic theories have been trying to find an answer to determining the total costs of road transport and the best way to internalise these costs, with the most widespread answer among experts being pricing concerning marginal cost. This article presents a classification of transport costs with their corresponding mathematical functions to finally obtain the marginal cost of both public and private transport to develop an optimal pricing system. Finally, a system of equations for determining the optimal price based on the short term and under the economic premise of maximising social welfare is presented.

Item Type: Article
Uncontrolled Keywords: Marginal cost road, transport emissions, externalities pricing
Subjects: G Geography. Anthropology. Recreation / földrajz, antropológia, kikapcsolódás > GE Environmental Sciences / környezettudomány
H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány
H Social Sciences / társadalomtudományok > HG Finance / pénzügy
SWORD Depositor: MTMT SWORD
Depositing User: Gabriella Virág
Date Deposited: 11 Apr 2023 08:33
Last Modified: 11 Apr 2023 08:33
URI: http://real.mtak.hu/id/eprint/163626

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