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- W852788662 abstract "Deutsche Bahn AG (DB AG) introduced a new fare system called PEP for longdistance passenger transport in Germany in 2002. The system was designed as a yield-management scheme like that used for airfares. Similar schemes are in operation elsewhere in Europe, especially in the UK and for TGV trains in France. After serious public debate, massive protests by frustrated passengers, and a cons iderab le d rop in economic performance both in terms of passenger numbers and turnover, DB AG amended the scheme in August 2003. This article analyzes the PEP fare system, its impact on DB AG’s performance, the problems leading to its amendment in August 2003, and the details of the changes. It has not yet been possible to draw any definite conclusions about possible impacts, such as regaining passenger confidence, because the amended scheme has only been running for a few weeks at the time of writing this article." @default.
- W852788662 created "2016-06-24" @default.
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- W852788662 date "2004-01-01" @default.
- W852788662 modified "2023-09-23" @default.
- W852788662 title "PEP: A YIELD-MANAGEMENT SCHEME FOR RAIL PASSENGER FARES IN GERMANY." @default.
- W852788662 hasPublicationYear "2004" @default.
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