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This paper models strategic interactions between a product supplier, a provider of information about product quality, and end users, in the context of road transportation. Using a game-theoretical analysis of suppliers' pricing strategies, we assess the social welfare effects of traffic...
Persistent link: https://www.econbiz.de/10010325847
Luftverkehrsdienste benötigen ergänzende boden- und luftseitige Infrastrukturen. Kapazitätsbeschränkungen des Start- und Landebahnsystems eines Flughafens stellen einen erheblichen Engpass dar. Das Nutzungsrecht hängt von der Verfügbarkeit eines Slots ab. Wenn die Nachfrage nach Slots das...
Persistent link: https://www.econbiz.de/10013343133
Persistent link: https://www.econbiz.de/10003863190
The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal congestion cost at the efficientlevel of traffic. The second-best network counterpart is derived, but would beinfeasible to implement. Cordon tolls are feasible, and their...
Persistent link: https://www.econbiz.de/10011400380
This paper models strategic interactions between a product supplier, a provider of information about product quality, and end users, in the context of road transportation. Using a game-theoretical analysis of suppliers' pricing strategies, we assess the social welfare effects of traffic...
Persistent link: https://www.econbiz.de/10011381856
Conventional economic wisdom suggests that congestion pricing would be an appropriate response to cope with the growing congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive congestion prices equal to the value of marginal...
Persistent link: https://www.econbiz.de/10011334350
Persistent link: https://www.econbiz.de/10009724348
According to economic theory, the price of parking must vary with the demand for this good. We study the economic consequences of not doing so by estimating the employees' parking demand at one organisation, which, rather uniquely, follows this recommendation. We estimate the effect of the...
Persistent link: https://www.econbiz.de/10011508666
Frequent Flier Programs (FFPs) are said to impact airline consumer behaviour such that revenue of sponsoring airlines increases. Prior research relies on aggregate industry data to study FFPs. We examine the impact of FFPs on individual consumer behaviour in a quasi-natural experimental set-up...
Persistent link: https://www.econbiz.de/10010510073
In this paper we claim that distance alone is a poor proxy for international transport costs in empirical studies. We model a manufacturing and a transport sector and let the level of manufacturing exports determine the demand for transport services. Above a particular trade level, transport...
Persistent link: https://www.econbiz.de/10009515607