There are virtual externalities that are difficult to capture in the ticket price.
One might suggest a funding model where indivual passengers pay what the service is worth to them through a ticket and society as a whole, through local authorities, pay what a good bus service is worth to society as a whole.
I think those funding arrangements look similar to the current funding arrangements.
Again, I think one is stumbling into the seductive power of the Thatcherite mindset when considering bus routes individually, or bus services on their own.
However, I'm unclear how else to tell if a bus service (route or in toto) is valuable to local citizens without using a ticket price (in the absence of more direct democracy0.
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timeasmymeasure
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Date: 2012-02-23 04:33 pm (UTC)One might suggest a funding model where indivual passengers pay what the service is worth to them through a ticket and society as a whole, through local authorities, pay what a good bus service is worth to society as a whole.
I think those funding arrangements look similar to the current funding arrangements.
Again, I think one is stumbling into the seductive power of the Thatcherite mindset when considering bus routes individually, or bus services on their own.
However, I'm unclear how else to tell if a bus service (route or in toto) is valuable to local citizens without using a ticket price (in the absence of more direct democracy0.