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We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set a...
Persistent link: https://www.econbiz.de/10011386470
We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set the same...
Persistent link: https://www.econbiz.de/10011536414
Persistent link: https://www.econbiz.de/10001380292
. Franchise holders partially internalize congestion costs when setting tolls, which softens price competition. Second, when …
Persistent link: https://www.econbiz.de/10012471692
. Franchise holders partially internalize congestion costs when setting tolls, which softens price competition. Second, when …
Persistent link: https://www.econbiz.de/10013245129
Persistent link: https://www.econbiz.de/10003770647
Persistent link: https://www.econbiz.de/10001975368
Persistent link: https://www.econbiz.de/10010468830
Persistent link: https://www.econbiz.de/10010499607
This paper studies the efficiency impacts of private toll roads in initially untolled networks. The analysis allows for capacity and toll choice by private operators, and endogenizes entry and therewith the degree of competition, distinguishing and allowing for both parallel and serial...
Persistent link: https://www.econbiz.de/10014222410