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This paper studies whether a regulator needs to correct the route structure choice by carriers with market power in the presence of congestion externalities, in addition to correct their pricing. We account for passenger benefits from increased frequency, passenger connecting costs, airline...
Persistent link: https://www.econbiz.de/10010225784
level, but has also been observed in a macroscopic form at the level of traffic networks; for instance, in morning rush … dynamic equilibrium behaviour on a network, even if the underlying link dynamics (we consider Vickrey bottlenecks with …
Persistent link: https://www.econbiz.de/10014102451
Persistent link: https://www.econbiz.de/10001654197
This paper studies whether a regulator needs to correct the route structure choice by carriers with market power in the presence of congestion externalities, in addition to correct their pricing. We account for passenger benefits from increased frequency, passenger connecting costs, airline...
Persistent link: https://www.econbiz.de/10013072445
generalized nested logit), using a congestible transport network. We test the models in two situations: one in which they have … are small, as a result of the congestibility of the network, and that a better calibration does not always lead to better …
Persistent link: https://www.econbiz.de/10010227315
Persistent link: https://www.econbiz.de/10011448484
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Persistent link: https://www.econbiz.de/10001689448
international network will typically not be regulated by the same authority; and (5) that an individual airline's network will not … analytical treatment for an undetermined number of nodes, links and operators in a network of undetermined size and shape, and … some numerical exercises for a small triangular network. Some main conclusions are that second-best optimal tolls are …
Persistent link: https://www.econbiz.de/10014111450
This paper develops a continuous-time -continuous-place economic model of road trafficcongestion with a bottleneck, based on car-following theory. The model integrates twoarchetype congestion technologies used in the economics literature: 'static flow congestion',originating in the works of...
Persistent link: https://www.econbiz.de/10010324868