Title :
Research on Pricing Mechanism Innovation of China´s HSRs
Author_Institution :
Sch. of Manage., Jinan Univ., Guangzhou, China
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;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering (ICIII), 2010 International Conference on
Conference_Location :
Kunming
Print_ISBN :
978-1-4244-8829-2
DOI :
10.1109/ICIII.2010.210