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We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set the same...
Persistent link: https://www.econbiz.de/10011536414
We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set a...
Persistent link: https://www.econbiz.de/10011386470
This paper studies the efficiency impacts of private toll roads in initially untolled networks. The analysis allows for capacity and toll choice by private operators, and endogenizes entry and therewith the degree of competition, distinguishing and allowing for both parallel and serial...
Persistent link: https://www.econbiz.de/10014222410
In many downtown areas, privately operated parking garages compete with each other and with publicly operated curbside parking. Garages exercise market power by charging fees that vary with parking duration. Curbside space is scarce, and drivers have to search for it. This creates a congestion...
Persistent link: https://www.econbiz.de/10011499395
We analyse the behaviour of market participants in a multi-modal commuter network where roads are not priced, but public transport has a usage fee, which is set while taking the effects on the roads into account. In particular, we analyse the difference between markets with a monopolistic public...
Persistent link: https://www.econbiz.de/10013098542
Persistent link: https://www.econbiz.de/10001380292
A growing number of roads are currently financed by the private sector via Build-Operate-and -Transfer (BOT) schemes. When the franchised road has no close substitute, the government must regulate tolls. Yet when there are many ways of getting from one point to another, regulation may be avoided...
Persistent link: https://www.econbiz.de/10012471692
A growing number of roads are currently financed by the private sector via Build-Operate-and -Transfer (BOT) schemes. When the franchised road has no close substitute, the government must regulate tolls. Yet when there are many ways of getting from one point to another, regulation may be avoided...
Persistent link: https://www.econbiz.de/10013245129
Persistent link: https://www.econbiz.de/10003770647
Between 2003 and 2007 the volume of container traffic handled by the national port system increased only slightly despite the strong growth of maritime traffic in the Mediterranean Sea. This was due both to national economic stagnation and to the inability of the ports to extend their...
Persistent link: https://www.econbiz.de/10013160244