Showing 1 - 10 of 23
In this paper, we consider Stackelberg games in a multiperiod vertical contracting model with uncertain demand. Demand has a distribution with a mean and variance that depend on the current retail price, and this dependence may vary from period to period. We focus on a class of problems in which...
Persistent link: https://www.econbiz.de/10011098233
In this paper we establish a link between probabilistic cost efficiency and bounded rationality in the newsvendor model. This establishes a framework where bounded rationality can be examined rigorously by statistical methods. The paper offers a relatively deep theoretical analysis of...
Persistent link: https://www.econbiz.de/10011099537
Road pricing is a popular congestion reduction strategy. However, there may be wider impacts associated with a road toll. We consider a factor which is sometimes overlooked, namely that workers and firms may choose to change location in response to changes in the travel costs. A spatial...
Persistent link: https://www.econbiz.de/10011099539
Road tolls are a well established way of dealing with problems of congestion. Over recent years, the literature has expanded to take account of how congestion charges might interact with imperfections in other markets. In this paper, we consider the case where congestion occurs within a complex...
Persistent link: https://www.econbiz.de/10010818657
In this paper we consider statistical distributions of different types of patients on the patient lists of doctors. In our framework different types of patients have different preferences regarding their preferred choice of doctor. Assuming that the system is benefit efficient in the sense that...
Persistent link: https://www.econbiz.de/10005645019
In this paper we study bulk shipping of coal between the central regions in the world. We compare the performance of cost-minimizing models with a gravity model approach. The main finding in the paper is that cost minimizing models provide relative poor fits to data. A simple one parameter...
Persistent link: https://www.econbiz.de/10005645020
In this paper we develop a new simulation procedure that can be used to examine validity of model extensions. Our testing regime is carried out on a number of different trip distribution models. We test the models on synthetic populations contructed from an aggregated set of worker categories,...
Persistent link: https://www.econbiz.de/10005645024
In this paper we will see how commuter preferences can be revealed from observations of trip distributions. We will explain how to find unique representations of preference structures leading to an observed trip distribution, and will also present a numerical method that can be used to infer...
Persistent link: https://www.econbiz.de/10005645050
In some countries every citizen has the right to obtain a designated general practitioner. However, each individual may have preferences that cannot be fulfilled due to shortages of some kind. The questions raised in this paper are: To what extent can we expect that preferences are fulfilled...
Persistent link: https://www.econbiz.de/10005645067
In this paper we present empirical results based on a network model for commuting flows. The model is a modified version of a construction introduced in Thorsen et al. (1999). Journeys-to-work are determined by distance deterrence effects, the effects of intervening opportunities, and the...
Persistent link: https://www.econbiz.de/10005645074