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by briancleland
2591 days ago
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So reducing the cost will reduce demand? I appreciate this is sometimes the case with luxury goods, but it is hard believe that it would apply to public transport. Do you have any evidence of a reduction in price leading to a reduction in demand for public transport anywhere in the world? |
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My fear is that in case of public transportation, reducing the cost will change the product, and the changed product will be in less demand in the long run.
> Do you have any evidence of a reduction in price leading to a reduction in demand for public transport anywhere in the world?
No, I haven't, and the well-known example of Hasselt in Belgium seems to suggest otherwise [0]. But I am not convinced that what works in a small town in Belgium, or a medium-sized city in Estonia, will work in larger cities.
[0] https://en.wikipedia.org/wiki/Hasselt