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Prices, schedules, and passenger welfare in multi-service transportation systems
Billette de Villemeur, Étienne; Vinella, Annalisa - 2019
We consider a multi-service transportation system in which passengers are heterogeneous along two dimensions, namely ideal departure time and value of time, leading to both horizontal and vertical differentiation. We investigate the behavior of passengers, and assess how service pricing and...
Persistent link: https://www.econbiz.de/10012103986
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Competition in the presence of individual demand uncertainty
Möller, Marc; Watanabe, Makoto - 2013
This paper sheds light on an empirical controversy about the effect of competition on price discrimination. We introduce individual demand uncertainty into Hotellingś model of product differentiation and show that firms offer advance purchase discounts. Consumers choose between an early...
Persistent link: https://www.econbiz.de/10010211444
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Collusion by algorithm: the role of unobserved actions
Martin, Simon; Rasch, Alexander - 2022
We analyze the effects of better algorithmic demand forecasting on collusive profits. We show that the comparative statics crucially depend on the whether actions are observable. Thus, the optimal antitrust policy needs to take into account the institutional settings of the industry in question....
Persistent link: https://www.econbiz.de/10013093034
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Slot-based approaches to airport congestion management
Brueckner, Jan K. (contributor) - 2008
Persistent link: https://www.econbiz.de/10003711873
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Atomistic congestion tolls at concentrated airports? : seeking a unified view in the internalization debate
Brueckner, Jan K. (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003498806
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Convenient flight connections vs. airport congestion : modeling the 'Rolling Hub'
Brueckner, Jan K.; Lin, Ming Hsin - 2015
This paper provides the first analysis of the trade-off between convenient flight connections and airport congestion. A …
Persistent link: https://www.econbiz.de/10011334230
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Using happiness surveys to value intangibles : the case of airport noise
Praag, Bernard M. S. van; Baarsma, Barbara - 2004
Inhabitants of houses near Amsterdam Airport are complaining of noise nuisance, caused by aircraft traffic. The usual … around Amsterdam Airport as the sum of hedonic price differentials and a residual cost component. The residual costs are …
Persistent link: https://www.econbiz.de/10011402503
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Internalization of airport congestion : a network analysis
Brueckner, Jan K. - 2002
theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be … imposed at selected U.S. airports in the relatively near future. The theory developed in this paper, which extends the results …
Persistent link: https://www.econbiz.de/10011410457
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Collusive compensation schemes aided by algorithms
Martin, Simon; Schmal, W. Benedikt - 2021
Sophisticated collusive compensation schemes such as assigning future market shares or direct transfers are frequently observed in detected cartels. We show formally why these schemes are useful for dampening deviation incentives when colluding firms are temporary asymmetric. The relative...
Persistent link: https://www.econbiz.de/10012698813
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Numerical solution of dynamic equilibrium models under Poisson uncertainty
Posch, Olaf; Trimborn, Timo - 2011
We propose a simple and powerful numerical algorithm to compute the transition process in continuous-time dynamic … system of functional differential equations of the retarded type. We apply the Waveform Relaxation algorithm, i.e., we …
Persistent link: https://www.econbiz.de/10009124183