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Microeconomics studies group behaviour by using the representative member model. However, there is growing evidence that there can be significant differences between choices made by single individuals and those made by the same individuals when choosing collectively. This study investigates the...
Persistent link: https://www.econbiz.de/10008457571
In this paper, we investigate the theoretical and empirical relevance of the distinction between generic goods and specific goods for the understanding of freight transport demand. Specific goods are Taylor-made for a single customer while generic goods are produced irrespective of the final...
Persistent link: https://www.econbiz.de/10005738396
Persistent link: https://www.econbiz.de/10005738398
Public authorities and transport operators are both involved in the provision of public transport services. There is a contrast between the social goals of the former and the private ones of the latter. Regulation plays an important role especially failing competition. Service contracts are the...
Persistent link: https://www.econbiz.de/10005558503