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Disruption of tradition network industries and the emergence of innovative physical operator platforms provide challenging governance problems of contractual relationships among different actors involved. The problem solution competence of operator platforms (two-sided, multi-sided) is the...
Persistent link: https://www.econbiz.de/10012113509
The provision of public transit is thought to reduce travel time losses that are due to car congestion. For this reason, it is economically justified to subsidise public transit from a welfare perspective as it creates a congestion-relief benefit. The main goal of this paper is to quantify the...
Persistent link: https://www.econbiz.de/10011400429
TThe major ski markets of the world are reaching a point of stagnation or decline. After a long period of increased demand and expansions, this also holds true for the Swedish ski resorts. Although the apparent stagnation, the main factors influencing the demand for skiing in Sweden are not...
Persistent link: https://www.econbiz.de/10011400591
This paper investigates the factors that influence the change in passenger ski-lift transports between a normal winter and an anomalously mild winter based on individual lift and aggregate ski-area data. Special focus is placed on the return on investments in new ski lifts. Using endogenous...
Persistent link: https://www.econbiz.de/10011400621
This paper deals with applying statistical analysis of traffic safety to analyze the risks at level crossings. The social costs of railway accidents and traffic incidents at level crossings are very high and lead to a reduction in the levels of traffic safety. In addition to the consequences...
Persistent link: https://www.econbiz.de/10013488690
in a regression discontinuity setting. Using firm-level data from Finland and Italy provides no empirical evidence for …
Persistent link: https://www.econbiz.de/10011301491
The recent development of 3D printing raises the issue of how to protect manufacturing firms from product piracy. In this paper, we are interested in potential regulatory requirements to protect firms from falling victim of product piracy and associated quality choices. We employ a...
Persistent link: https://www.econbiz.de/10011301641
Delegated contracting describes a widely observable vertical contractual relationship where a top principal (program designer) hires an intermediary to offer a predesigned screening contract to a downstream agent who should produce a quantity depending on his true marginal cost type. The...
Persistent link: https://www.econbiz.de/10011301665
In this paper we analyze the investment behavior of electricity distribution companies. First, we test the hypothesis if the implementation of an incentive-based regulatory scheme with revenue caps impacts the firms' investment decisions in general. Second, we test if the specific regulatory...
Persistent link: https://www.econbiz.de/10011301686
This paper develops an analytical framework for studying the Baumol-Oates efficiency of traditional single instrument abatement policies vis-a-vis green defaults in the face of price inertia and deliberate defaulting of subpopulations. In this special case of behavioural heterogeneity command...
Persistent link: https://www.econbiz.de/10011301781