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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...
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information, we aim at contributing to the understanding of price war rationality in the airline industry …This paper develops a model of post-liberalization price competition between airlines on the route Rio de Janeiro - São … Paulo. The intense price competition episode culminated in the rupture of a thirty-nine year-old cooperative structure - the …
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