2020
DOI: 10.1016/j.ecotra.2020.100167
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MaaS economics: Should we fight car ownership with subscriptions to alternative modes?

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Cited by 32 publications
(15 citation statements)
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“…In other words, the model does consider some level of randomness in the tariff choice situation, which may represent the uncertainty of advance payments in case of subscriptions, but love of variety is excluded on this level. In other words, consumer welfare cannot be increased by introducing a large number of very cheap tariff products, which would otherwise be the case if the random component of utility were considered as a tangible benefit for users (see a detailed discussion on this assumption in Hörcher and Graham, 2020).…”
Section: Model Descriptionmentioning
confidence: 99%
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“…In other words, the model does consider some level of randomness in the tariff choice situation, which may represent the uncertainty of advance payments in case of subscriptions, but love of variety is excluded on this level. In other words, consumer welfare cannot be increased by introducing a large number of very cheap tariff products, which would otherwise be the case if the random component of utility were considered as a tangible benefit for users (see a detailed discussion on this assumption in Hörcher and Graham, 2020).…”
Section: Model Descriptionmentioning
confidence: 99%
“…As in the previous cases, the car ownership rate is expressed with the logit assumptions, and expected utility, which captures consumer surplus in the entire model, is computed with the logsum formula. Detailed mathematical formulations of the model are available in Hörcher and Graham (2020).…”
Section: Model Descriptionmentioning
confidence: 99%
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