• DocumentCode
    2221324
  • Title

    Research on Pricing Mechanism Innovation of China´s HSRs

  • Author

    Jihua, Zhang

  • Author_Institution
    Sch. of Manage., Jinan Univ., Guangzhou, China
  • Volume
    2
  • fYear
    2010
  • fDate
    26-28 Nov. 2010
  • Firstpage
    191
  • Lastpage
    193
  • Abstract
    It´s said that High-Speed Railways have the power to change the China´s economy pattern, but to which extent it can serve depends on whether its pricing mechanism is reasonable. The passenger flow is a determinant to the development of HSRs. Which factors should be considered when pricing high-speed railways and which mechanism should be adopted can exert a direct impact on the economic profit and social benefit brought by HSRs. On basis of that, the author puts forward several thoughts for innovative pricing, such as Providing much more options by different matches between service and price, such as Boosting the flexibility of prices in line with the operation status, hoping that it can play a positive role in the future development of high-speed railways.
  • Keywords
    decision theory; innovation management; macroeconomics; pricing; profitability; railways; China economy; economic profit; high speed railway; innovative pricing; pricing mechanism innovation; social benefit; Competitive Factor; Cost Structure; Elasticity of Demand; Innovation; Pricing;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Management, Innovation Management and Industrial Engineering (ICIII), 2010 International Conference on
  • Conference_Location
    Kunming
  • Print_ISBN
    978-1-4244-8829-2
  • Type

    conf

  • DOI
    10.1109/ICIII.2010.210
  • Filename
    5694549