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We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set a...
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Ride-hailing applications create new challenges for governments providing transit services, but also create new opportunities to raise tax revenue. To shed light on the effect of taxing or subsidizing ride-hailing applications, we extend a pseudo-monocentric city model to include multiple...
Persistent link: https://www.econbiz.de/10014228577
We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set the same...
Persistent link: https://www.econbiz.de/10011536414
This paper studies the relationship between the arrival of potential investors and market liquidity in a search-based model of asset trading. The entry of investors into a specific market causes two contradictory effects. First, it reduces trading costs, which then attracts new investors (the...
Persistent link: https://www.econbiz.de/10003781784
Congestion has become a problem for many airports throughout the world. Two different policy options to control congestion are analyzed in this paper: slot constraints and congestion pricing. In particular, our model takes into account that the airline industry is characterized by significant...
Persistent link: https://www.econbiz.de/10009500552
The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal …
Persistent link: https://www.econbiz.de/10011400380
This paper analyzes the provision of residential parking in a monocentric city, with the ultimate goal of appraising the desirability and effects of regulations such as a minimum-parking requirement (MPR) per dwelling. The analysis considers three different regimes for provision of parking...
Persistent link: https://www.econbiz.de/10010515475
as the switchers ́lowered VOT will increase their bottleneck-congestion externality. When the capacity effect dominates …
Persistent link: https://www.econbiz.de/10010532595