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Introduction of an Innovative Product: the High Speed Train (AVE)

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Abstract

The high-speed train (AVE) is mainly characterised by a new infrastructure, which uses the adequate mobile material to be able to obtain highly operating speeds. Moreover, its way of management is generally different from that typical of the conventional train. In line with this, Plassard (1992) proposes the following defining characteristics of this mode of transport:

  • A high speed of 250–300 km/h.

  • A high frequency as the traffic requires it.

  • A weak capacity (lower than 400 people per train).

  • Slightly higher fares than those of the conventional train.

Keywords

  • Access Time
  • High Speed Train
  • Innovative Product
  • Substitution Effect
  • Average Revenue

These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

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© 2004 Springer-Verlag Berlin Heidelberg

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Inglada-López de Sabando, V., Coto-Millán, P. (2004). Introduction of an Innovative Product: the High Speed Train (AVE). In: Coto-Millán, P. (eds) Essays on Microeconomics and Industrial Organisation. Contributions to Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-7908-2670-8_4

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  • DOI: https://doi.org/10.1007/978-3-7908-2670-8_4

  • Publisher Name: Physica, Heidelberg

  • Print ISBN: 978-3-7908-0104-0

  • Online ISBN: 978-3-7908-2670-8

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