This paper develops a methodology to assess transport infrastructure investments and their effects on a Nash equilibria taking into account competition between multiple privatized transport operator types. The operators, including high-speed rail, hub and spoke legacy airlines and low cost...

Transport economics and policy analysis is a field which has seen major advances in methodology in recent decades. The transport sector has many unique characteristics - non-storability, economies of scale and scope, indivisibilities and the extensive production of positive and negative...