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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 the same...
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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
Persistent link: https://www.econbiz.de/10012239911
pricingschemes bestudied from the perspective of the theory of the second best. Thesecomplications include pricing in networks …
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This paper presents a dynamic model of road traffic congestion based on simple carfollowing theory, allowing for finite …’s dynamic model of bottleneck congestion. Therefore, the model presented here offers an integration and a generalization of …
Persistent link: https://www.econbiz.de/10011283470