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archetype ways in which MaaS could be operationalized: Integrator, Platform, and Intermediary. We find that these models differ …. Regulation of the price that the MaaS firm has to pay may further lower prices, but compared to the Integrator the difference is … or higher. The Platform tends to lead to an outcome that is relatively close to Free Competition without Maas: prices can …
Persistent link: https://www.econbiz.de/10012427151
We develop a model of strategic networks that captures two distinctive features of interfirm collaboration: bilateral agreements and nonexclusive relationships. Our analysis highlights the relationship between market competition, firms' incentives to invest in R&D, and the architecture of...
Persistent link: https://www.econbiz.de/10010324725
This paper argues that the conventional definition of the elasticity of complementarity is not well suited to deal with the case of increasing returns. It proposes a slightly different formula, that uses a distance function formulation instead of a production function. The proposed definition...
Persistent link: https://www.econbiz.de/10010325495
We introduce a cost of location into Hotelling’s (1929) spatial duopoly. We derive the general conditions on the cost-of-location function under which a pure strategy price-location Nash equilibrium exists. With linear transportation cost and a suitably specified cost of location that rises...
Persistent link: https://www.econbiz.de/10010326482
We formally link insurance markets with product markets and identify a demand effect of insurance: if risk-averse consumers can buy insurance against possible product failure, there will be some additional consumers that buy the product because they can also purchase protection. The concomitant...
Persistent link: https://www.econbiz.de/10012114742
Autonomous cars allow safe driving with a smaller headway than that required for normal human-driven cars, thereby potentially improving road capacity. To attain this capacity benefit, cooperation among autonomous cars is vital. However, the future market may have multiple car brands and the...
Persistent link: https://www.econbiz.de/10013356459
This article investigates competition in a market with an emerging technology using a discrete choice model to analyze demand and welfare. We focus on industry structure and investigate the impact of different market structures on demand for the new technology and on welfare. The car market...
Persistent link: https://www.econbiz.de/10010491372
Accident externalities are among the most important external costs of road transport. We study the regulation of these …
Persistent link: https://www.econbiz.de/10013088366
This study models the choices of Dutch railway users (aggregated at the 4 digit post code area) for access mode and departure railway stations. For each post code area a set of four access modes: car, public transport, bicycle and walking and a set three departure railway stations are...
Persistent link: https://www.econbiz.de/10010325178
This paper estimates Nash-type fiscal reaction functions for European governments competing for revenue from diesel excises. It appears that European governments strategically set their excise levels by responding to their neighbors’ tax rates. This provides evidence for the presence of tax...
Persistent link: https://www.econbiz.de/10010325268