only relevant in (location-) allocation theory, but they may also offer intriguing research opportunities for value … implications and possibilities for value transfer. We will address in particular the combination of price competition (modelled by … using a modified Bertrand duopoly model) and transport costs.In the paper, Hotelling's duopolistic allocation model will act …

develop a model of airline competition, which accommodates various market structures, some ofwhich include low-cost players … rest of Europe, our statistical modelling resu1ts confirm theconclusions of the theoretical model. Competition among FSCs … appears toaffect the price levels of business and leisure segments asymmetrically. Incontrast, competition with LCCs reduces …