Showing 1 - 10 of 13
This paper presents and illustrates a comprehensive and operational model for assessing transport pricing and investment policies and regulatory regimes. The approach encompasses intra-modal as well as inter-modal competition, and could be used either by private operators or by the legislator...
Persistent link: https://www.econbiz.de/10005817524
We describe firm pricing when consumers search passively and follow simple reservation price rules. In stark contrast to other models in the literature, this approach yields equilib- rium price dispersion in pure strategies even when firms have the same marginal costs. In equilibrium, lower...
Persistent link: https://www.econbiz.de/10005801990
We analyze an oligopoly model with horizontal di¤erentiation and quality di¤erences. High quality goods are over-priced and under-produced. When the market is fairly covered, low quality products may be pro…table when their social contribution is negative, leading to too many products in...
Persistent link: https://www.econbiz.de/10005801992
Advertising messages compete for scarce attention. ?Junk? mail, ?spam? e-mail, and telemarketing calls need both parties to exert effort to generate transactions. Message recipients supply attention depending on average message beneÞt. Senders are motivated by proÞts. Costlier message...
Persistent link: https://www.econbiz.de/10005802017
There has been a very large amount of research devoted to the study of activity patterns. The initial studies have been developed in geography (space and time description of human activity, as described by Torsten, Hägerstrand and Peter Hagget) and in economics (starting with the seminal work...
Persistent link: https://www.econbiz.de/10005543088
We study the impact of information on risk adverse drivers who maximize their von Neumann and Morgerstern expected utility (rather than minimizing expected travel time). The preferences of the users are described by their utility functions. Beside the (potentially inconsistent) mean variance...
Persistent link: https://www.econbiz.de/10005747654
In this paper we study the problem of a city that is surrounded by two shopping centres. The first has low transport costs but is easily congested (near city center, access by road). The second one has higher transport costs but is less prone to congested access (ample public transport capacity...
Persistent link: https://www.econbiz.de/10005747813
We revisit the fundamental issue of market provision of variety associated with Chamberlin, Spence, and Dixit and Stiglitz when firms sell several products. Both products and firms are envisaged as di?erentiated. We propose a nested demand model where consumers decide upon a firm then which...
Persistent link: https://www.econbiz.de/10005750328
There is a new growing interest in the development and in the use of integrated land use and transport planning models in France. In this paper, we describe the steps of a current project which aims to integrate UrbanSim, a flexible land use model, and METROPOLIS, a dynamic traffic model, and to...
Persistent link: https://www.econbiz.de/10005224975
We consider commuting in a congested urban area. While an efficient time-varying toll may eliminate queuing, a toll may not be politically feasible. We study the benefit of a substitute: a parking fee at the workplace. An optimal time-varying parking fee is charged at zero rate when there is...
Persistent link: https://www.econbiz.de/10011259396