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MOROCCO IS ACCELERATING! feature - Alstom

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70<br />

guest<br />

Prizes and distinctions<br />

�<br />

Economics<br />

Prix Laplace 1933 and Prix Rivot<br />

from the Académie des sciences<br />

for his passing out rank (n°1)<br />

at the École polytechnique.<br />

Prix Charles Dupin from<br />

the Académie des sciences<br />

morales et politiques (1954).<br />

Lanchester Prize from the Johns<br />

Hopkins University and<br />

the Operations Research Society of<br />

America (1958).<br />

Prix Joseph Dutens from<br />

the Académie des sciences<br />

morales et politiques (1959).<br />

Prix Robert Blanché from<br />

the Académie des sciences<br />

morales et Politiques (1983).<br />

Grand prix Guido Zerilli Marimo<br />

from the Académie des sciences<br />

morales et politiques (1984).<br />

Special jury prize, on the occasion<br />

of the creation of the Prix Dupuitde-Lesseps<br />

(1987).<br />

Nobel Prize for Economics (1988).<br />

Physics<br />

Prix Galabert from the Société<br />

française d’astronautique (1959).<br />

Laureate of the Gravity Research<br />

Foundation, 1959, USA.<br />

Passenger: how to estimate the cost of<br />

a journey for a passenger boarding a train at<br />

Calais station to travel to Paris? This ‘paradox’<br />

is only one in the sense which is given to it by<br />

decision theory. It evokes the diffi culty<br />

of determining the price of a passenger’s train<br />

ticket from an estimation of its marginal cost.<br />

The problem is as follows. As soon as there<br />

is at least one passenger on board a train,<br />

the train has to leave. A passenger in Calais<br />

goes to the station. He wishes to travel<br />

to Paris. He boards the train leaving<br />

for the capital, but he has not yet bought his<br />

ticket. He notices that there are people<br />

in the compartment and he waits. Just before<br />

the departure of the train, he observes<br />

that several seats remain unoccupied.<br />

He sits down in one of these. When the ticket<br />

inspector passes and asks him to show his<br />

ticket, he argues that the train was anyway<br />

obliged to leave once a passenger had<br />

boarded it, and that it costs the transport<br />

company no more to run the train when<br />

it is full than when there are only one<br />

or two people aboard. Consequently, as his<br />

presence on board does not change<br />

the situation, there is no justifi cation in asking<br />

him to pay for a ticket. In conclusion, of<br />

all the passengers present on board the train,<br />

the only one who should pay for his ticket<br />

is the fi rst to have boarded the trainset…<br />

The paradox is resolved by employing<br />

the concept of marginal development cost.<br />

If the train is not full, the cost generated by<br />

the presence of this additional passenger<br />

can correspond to the price of the additional<br />

energy consumed to transport him,<br />

the cleaning and ticket inspection costs<br />

that he personally generates, as well as<br />

the additional wear caused to equipment.<br />

These costs will a priori be low.<br />

If however the train is full, this passenger<br />

necessitates the mobilisation of an additional<br />

car… If the maximum number of cars<br />

that can be towed by the locomotive or that<br />

can be received by platforms has already<br />

been reached, this additional passenger<br />

requires putting into service a second train…<br />

If the Calais-Paris line is saturated<br />

by the existing trains, the operator is then<br />

obliged to build a second line…<br />

The same event cannot therefore be<br />

assessed in the same way if<br />

the circumstances in which it occurs and<br />

the type of decision that it generates, vary.<br />

According to the availability or not of<br />

various resources (cars, trains or lines…),<br />

the appraisal of the costs generated by<br />

this additional passenger will differ according<br />

to whether they are assessed by the ticket<br />

inspector, the guard, the line manager<br />

or the network director.<br />

The answer proposed by Maurice Allais is<br />

based on the mode of addition of these costs,<br />

in response to the points of view of<br />

the different economic actors whose analyses<br />

then become complementary. Therefore,<br />

the decision is also the responsibility of<br />

the additional passenger: if his late arrival<br />

obliges mobilisation of additional physical<br />

resources such as a car or a train,<br />

the price at marginal cost indicates to him<br />

the enormous weight which he is going to be<br />

imposing on everyone, whether this be for<br />

other passengers or for the entire community.<br />

Faced by the true fi nancial cost of his wish<br />

to board the train, he can decide knowingly<br />

to maintain his choice or to wait for a following<br />

train – which will be less expensive.<br />

Pricing at marginal cost therefore sends<br />

an ‘economic signal’ to each consumer<br />

and each actor, and helps them to adopt<br />

more rational behaviour with regard<br />

to scarce resources.

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