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This paper investigates strategic interactions between a private highway operator anda private transit operator who uses the same highway for its services. Heterogeneity oftravellers is taken into account by considering a continuous distribution of values of time.Demand elasticity arises from...
Persistent link: https://www.econbiz.de/10011333899
This paper investigates strategic interactions between a private highway operator and a private transit operator who uses the same highway for its services. Heterogeneity of travellers is taken into account by considering a continuous distribution of values of time. Demand elasticity arises from...
Persistent link: https://www.econbiz.de/10005137164
This paper investigates strategic interactions between a private highway operator anda private transit operator who uses the same highway for its services. Heterogeneity oftravellers is taken into account by considering a continuous distribution of values of time.Demand elasticity arises from...
Persistent link: https://www.econbiz.de/10010324918
This study presents a model for exploring the interactions between a transport market and a monopolistic market for advanced traveller information systems (ATIS). We examine the properties of the information market, and in particular, the relationship between monopoly information pricing and...
Persistent link: https://www.econbiz.de/10011334850
Persistent link: https://www.econbiz.de/10005136836
Persistent link: https://www.econbiz.de/10009724348
This paper models strategic interactions between a product supplier, a provider of information about product quality, and end users, in the context of road transportation. Using a game-theoretical analysis of suppliers' pricing strategies, we assess the social welfare effects of traffic...
Persistent link: https://www.econbiz.de/10013138513
This paper considers networks with two or three complementary airports. In each case, two airports independently choose between slot and pricing policies, where slot policies involve grandfather rules. We show that equilibrium policies involve slots when airport profits do not matter and pricing...
Persistent link: https://www.econbiz.de/10012853871
A multi-agent model of travelers competing to utilize a roadway in time and space is presented in this paper to illustrate the effect of congestion and pricing on traveler behaviors and network equilibrium. To realize the spillover effect among travelers, N-player games are constructed in which...
Persistent link: https://www.econbiz.de/10005543313
This paper develops congestion theory and congestion pricing theory from its microfoundations, the interaction of two or more vehicles. Using game theory, with a two-player game it is shown that the emergence of congestion depends on the players-relative valuations of early arrival, late...
Persistent link: https://www.econbiz.de/10005747959