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Empirical research on the relationship between market congestion and themarket competitive level largely falsifies the … on the level of congestion duringperiods in which passengers cross-connect to their final destinations.About 70% of hub ….Furthermore, based on a simple theoretical model, I am able to quantifythe potential time savings from eliminating congestion …
Persistent link: https://www.econbiz.de/10009435125
hand, a strong rival presence may dissipate payoff (a'congestion effect'). On the other hand, a large number of rivals … congestion effect. However, when the number of sellers ispresented in isolation, its negative impact on entry is …
Persistent link: https://www.econbiz.de/10009435138
significance of these responses to congestion externalities, and argue that they need to be taken into account in designing … internalization instruments. We consider labor-leisure, regional labor mobility and house price responses to congestion externalities …
Persistent link: https://www.econbiz.de/10009447218
are characterized by their attitude towards `congestion' (caused by other customers using the same resources); a firm is … selected on the basis of both the prices charged by the firms, and the `congestion levels'. The model can be represented by a …; Duopoly; Game theory; Congestion; Quality-of-service differentiation …
Persistent link: https://www.econbiz.de/10009460331
North American railways were crucial to the integration of national territories from the mid-1850s through the 1920s. In the US, Canada, and Mexico, their development supported population settlement, resource extraction, industrialization, and the expansion of markets to regional and national...
Persistent link: https://www.econbiz.de/10009466097
urban agglomeration (or density) affects growth indirectlythrough its significant effect on the ability of a region to …
Persistent link: https://www.econbiz.de/10009456091
The correlation between wage premia and concentrations of firm activity may arise due to agglomeration economies or … density of workers. These agglomeration effects are robust to the inclusion of residential location controls and disappear …
Persistent link: https://www.econbiz.de/10009430136