Samenvatting
THE ARTICLE PRESENTS AN ANALYSIS OF THE CONDITIONS UNDER WHICH IT WOULD BE ECONOMICALLY EFFICIENT FOR A PUBLIC TRANSPORT COMPANY, WHICH OPERATES A SINGLE SERVICE, TO AIM AT MAXIMISATION OF USE. IT IS CONCLUDED THAT USAGE MAXIMISATION IS INEFFICIENT UNLESS A RESTRICTIVE ASSUMPTION ABOUT THE DEMAND FUNCTION FOR JOURNEYS IS MADE. THE ARTICLE ALSO CONSIDERS WHETHER THE PROVISION OF A SUBSIDY FOR SUCH A COMPANY WOULD ACTUALLY INCREASE EFFICIENCY, AND WHICH SUBSIDY FORMULA COULD BE CONSIDERED THE MOST EFFICIENT.