Chinese travelers’ perceptions of demand-based pricing strategies of high-speed rail: a conjoint analysis approach

Basak Denizci-Guillet, Tianke Jiang, Zixi Peng, Rob Law

Research output: Journal article publicationJournal articleAcademic researchpeer-review

Abstract

The purpose of this study is to examine how Chinese rail passengers trade off among various rail rate fences. Using conjoint analysis, this study identifies price, departure time, and booking requirement as the three most important rate fences in passengers’ decision making. This study also examines the effect of familiarity with rate fences on the perceived importance. The findings of this study help Chinese rail high-speed company gain better understanding of passengers’ perceptions and preferences so that they can design more efficient rate fence combinations.

Original languageEnglish
JournalJournal of Revenue and Pricing Management
DOIs
Publication statusPublished - Dec 2021

Keywords

  • Chinese high-speed rail
  • Conjoint analysis
  • Rate fences
  • Revenue management

ASJC Scopus subject areas

  • Business and International Management
  • Finance
  • Economics and Econometrics
  • Strategy and Management

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