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congestion while also shortening a connecting passenger's layover time. When the passenger's cost per unit of layover time rises … discrete spatial model, where flights congest one another only if they operate in the same discrete period, makes this layover …: the carriers concentrate their flights in different periods when the layover cost is high and deconcentrate them otherwise …
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The project explored the linkages between industry dynamics and economic activity, and the macro-congestion aspects of freight transport. The Kia Motors manufacturing plant near West Point, Georgia was selected for case study. The principal study effort went into collecting data elements in...
Persistent link: https://www.econbiz.de/10012961917
congestion while also shortening a connecting passenger's layover time. When the passenger's cost per unit of layover time rises … discrete spatial model, where flights congest one another only if they operate in the same discrete period, makes this layover …: the carriers concentrate their flights in different periods when the layover cost is high and deconcentrate them otherwise …
Persistent link: https://www.econbiz.de/10013014357
We analyze investment incentives and market structure under oligopoly competition in service industries with congestion effects. We consider situations where firms compete by simultaneously choosing prices and investments; increasing investment reduces the congestion disutility experienced by...
Persistent link: https://www.econbiz.de/10014026413
This paper studies the regulation of an airline duopoly on a congested airport. Regulation should then address two market failures: uninternalized congestion, and overpricing due to market power. We find that first-best charges are differentiated over airlines if asymmetric, and completely drive...
Persistent link: https://www.econbiz.de/10010325819
The famous Mohring-Harwitz theorem states that, under certain technical conditions, the degree of self-financing of congested infrastructure is equal to the elasticity of the capacity cost function in the optimum, so that under neutral scale economies exact self-financing applies. Although the...
Persistent link: https://www.econbiz.de/10010326282
This paper studies the regulation of an airline duopoly on a congested airport. Regulation should then address two market failures: uninternalized congestion, and overpricing due to market power. We find that first-best charges are differentiated over airlines if asymmetric, and completely drive...
Persistent link: https://www.econbiz.de/10011374411
Persistent link: https://www.econbiz.de/10011342675
Persistent link: https://www.econbiz.de/10009723032