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The objective of the paper is to elaborate a simulation model to analyze inter- and intra-modal competition in the transport industry, based on game theory models. In our setting, consumers choose a transport mode and an operator to travel on a given city-pair; operators strategically decide on...
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concentration on each side of the market of a random information shock. The analysis captures stylized facts, related to market … fragmentation, concentration and contagion asymmetry, in several two-sided economies. …
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