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Is the service quality of private roads too Low, too high, or just right when firms compete stackelberg in capacity?

Berg, Vincent A. C. van den; Verhoef, Erik T. - 2011 - Version of 13 May 2011

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...

Persistent link: https://www.econbiz.de/10011386470

Miles, speed and technology : traffic safety under oligopolistic insurance

Dementyeva, Maria; Verhoef, Erik T. - 2015

This paper studies road safety and accident externalities when insurance companies have market power, and can influence … first- and second-best insurance premiums for monopoly and oligopoly market structures in insurance. The insurance program … technology choice. While a private monopolist internalizes accident externalities up to the point where compensations to users …

Persistent link: https://www.econbiz.de/10010477906

Oligopolistic competition in price and quality

Dubovik, Andrei; Janssen, Maarten C. W. - 2008

We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...

Persistent link: https://www.econbiz.de/10011376636

Market power in water markets

Ansink, Erik; Houba, Harold - 2011 - This version: May 2011

Water markets with market power are analysed as multi-market Cournot competition in which the river structure constrains access to local markets and limited resources impose capacity constraints. Conditions for uniqueness are identified. Lerner indices are larger under binding resource...

Persistent link: https://www.econbiz.de/10011380731

Strategic targeted advertising

Galeotti, Andrea; Moraga-González, José Luis - 2003

We present a strategic game of pricing and targeted-advertising. Firms cansimultaneously target priceadvertisements to different groups of customers, or to the entiremarket. Pure strategy equilibria do not exist and thus marketsegmentation cannot occur surely. Equilibria exhibit random...

Persistent link: https://www.econbiz.de/10011333902

On the benefits of being alone : scheduling changes, intensity of competition and dynamic airline pricing

Kerkemezos, Yannis; Karreman, Bas - 2020

We empirically test the hypothesis that the discounts offered by firms to consumers who purchase tickets in advance increase with the intensity of competition. We develop a new measure of competition for which we use the proximity (in departure time) of a given flight to its competitors to infer...

Persistent link: https://www.econbiz.de/10012251366

Competing recombinant technologies for environmental innovation

Zeppini, Paolo; Bergh, Jeroen C. J. M. van den - 2010

This article presents a model of sequential decisions about investments in environmentally dirty and clean technologies, which extends the path-dependence framework of Arthur (1989). This allows us to evaluate if and how an economy locked into a dirty technology can be unlocked and move towards...

Persistent link: https://www.econbiz.de/10011382078

The implementation of marginal external cost pricing in road transport

Verhoef, Erik T. - 1998

This paper discusses a number of issues that will become increasingly important nowthat the concept of marginal external cost pricing becomes more likely to be implementedas a policy strategy in transport in reality. The first part of the paper deals with thelong-run efficiency of marginal...

Persistent link: https://www.econbiz.de/10011299976

General geographical economics model with congestion

Marrewijk, Charles van - 2005

We derive and discuss a general, but simple geographical economics model with congestion, allowing us to explain the economic viability of small and large locations. The model generalizes some previous work and lends itself to analyzing the impact of public policy in terms of infrastructure...

Persistent link: https://www.econbiz.de/10011346464

The adoption of energy efficiency enhancing technologies

Verhoef, Erik T.; Nijkamp, Peter - 1997

This paper analyses the adoption of energy-efficiency enhancing technologies by heterogeneous firms. The fact that energy use does not only cause external environmental costs through pollution, but also directly affects the profitability of the firm and hence its behaviour on input and output...

Persistent link: https://www.econbiz.de/10010338456

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