This timely book deals with the problem of pricing passenger and freight transportation within Europe. The contributors argue that current legislation affecting pricing and regulation is increasingly less successful in dealing with market failures and externalities such as congestion, air...

This paper addresses the location problem for an entering firm that will play a Bertrand game with other pre-existing firms in order to maximize its profit. Demand for a homogeneous product is price-sensitive and firms use delivered pricing. Under some specific conditions, it is shown that the...