Showing 31 - 40 of 73,976
The concept of a "Commodity Hub" is extended to the large areas with consumers, who differ in their transport costs. A marketplace operator defines regionalized contract standards, that can reduce price discrimination. For a duopoly, contract standards that are valid in one region react to...
Persistent link: https://www.econbiz.de/10015256251
Monopolists selling complementary products charge a higher price in a static equilibrium than a single multiproduct monopolist would, reducing both the industry profits and consumer surplus. However, firms could instead reach a Pareto improvement by lowering prices to the single monopolist...
Persistent link: https://www.econbiz.de/10015260046
We analyze the expected effects of building a rail tunnel between Lyon and Turin on i) the market shares of the established and the new suppliers, and ii) consumer surplus. The prospective project consists of a 53km rail tunnel providing freight shippers with a new alpine path. We calibrate an...
Persistent link: https://www.econbiz.de/10010299961
This paper explores the access charge for the use of the Italian rail infrastructure. Access problems arise when the provision of a complete service to end users requires the combination of two or more inputs, one of which is non-competitive (OECD, 2004). It is a well-known fact that excessive...
Persistent link: https://www.econbiz.de/10010435924
This paper examines the impact of introducing high-speed trains on consumer welfare, taking the ensuing changes in train schedules into account. Based on the estimated demand model for travel which incorporates consumer's heterogeneous preferences for travel schedules into the standard...
Persistent link: https://www.econbiz.de/10012034970
Competition on the German gasoline market is of interest for economists, competition authorities and the general public alike. In this paper, I analyse how constantly lower gasoline prices in Poland affect the prices set in the German border region. More precisely, I estimate the impact of one...
Persistent link: https://www.econbiz.de/10012523378
This paper explores the access charge for the use of the Italian rail infrastructure. Access problems arise when the provision of a complete service to end users requires the combination of two or more inputs, one of which is non-competitive (OECD, 2004). It is a well-known fact that excessive...
Persistent link: https://www.econbiz.de/10010991593
The purpose of this paper is to model competition in freight transport and to work out the role of the government in providing infrastructure for the competitors. Freight transport could in principle be provided by the firm itself by using firm-owned trucks or transportation services could be...
Persistent link: https://www.econbiz.de/10010833222
We analyze the expected effects of building a rail tunnel between Lyon and Turin on i) the market shares of the established and the new suppliers, and ii) consumer surplus. The prospective project consists of a 53km rail tunnel providing freight shippers with a new alpine path. We calibrate an...
Persistent link: https://www.econbiz.de/10008556007
This paper examines the economic rationale of the ideas of Gladstone & Chadwick on railway regulation and the legacy of their ideas. In 1844 Gladstone proposed and implemented what we would now call price and quantity regulation whereas in 1859 Chadwick proposed competition "for the field", i.e....
Persistent link: https://www.econbiz.de/10005076645