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We study duopolistic pricing by ports that are congestible, share the same overseas customers and have each a downstream, congestible transport network to a common hinterland. In the central set-up, local (country) governments care about local welfare only and decide on the capacity of the port...
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It has frequently been noted in the wage bargaining literature that increasing average labour taxes may in fact be over-shifted in the pre-tax wage that is negotiated between unions and firms, raising workers post-tax wages. In this paper, we study the precise conditions for such tax...
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The purpose of this paper is to study welfare-optimal pricing of passenger and freight transport services in a federation. First a theoretical model is constructed that clearly identifies the implications of the international dimension of transport flows and the associated externalities for...
Persistent link: https://www.econbiz.de/10005350891