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Table 1 Economic effects on the shipping company
From: Welfare consequences of request stops at transport services with low demand
1) Reduced revenues to/from place B: | P0 ∙ (X0 − X1) |
2) Increased revenues between place A and place C: | \( \overline{P}\bullet \left({Y}_1-{Y}_0\right) \) |
3) Reduction in operating costs: | (1 − α) ∙ N ∙ ∆C |
4) Reduction in grants: | WTA |
5) Change in profit before grants: | ∆π = 2 + 3–1 |
6) Change in profit after grants: | WS = 2 + 3–1 – 4 |