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This paper studies the regulation of an airline duopoly on a congested airport. Regulation should then address two market failures: uninternalized congestion, and overpricing due to market power. We find that first-best charges are differentiated over airlines if asymmetric, and completely drive...
Persistent link: https://www.econbiz.de/10011374411
"peakcongestion" are considered. In doing so, the paper addresses the implicit assumptions, particularly on the nature of scheduling …
Persistent link: https://www.econbiz.de/10010338461
pricingschemes bestudied from the perspective of the theory of the second best. Thesecomplications include pricing in networks …
Persistent link: https://www.econbiz.de/10011304387
The traditional bottleneck model for road congestion promotes the implementation of a triangular, fully time varying … traditional bottleneck model to analyse how the coarse charge can be differentiated over two groups of travellers assuming …
Persistent link: https://www.econbiz.de/10011381994
This paper provides a link between car following theory and the economic theoryof road congestion by means of a theory … of speed choice. According to this theory speedchoice is based on a trade-off between the benefits (shorter travel time … elaborating this relationship a number of car-following models can be derived fromthis theory of speed choice. Wit homogeneous …
Persistent link: https://www.econbiz.de/10011327845
even more unpopular with the populace than stateindependent tolling. We study this using dynamic bottleneck congestion with …
Persistent link: https://www.econbiz.de/10012816981
This paper provides a link between car following theory and the economic theory of road congestion by means of a theory … of speed choice. According to this theory speed choice is based on a trade-off between the benefits (shorter travel time … elaborating this relationship a number of car-following models can be derived from this theory of speed choice. Wit homogeneous …
Persistent link: https://www.econbiz.de/10014107059
even more unpopular with the populace than state- independent tolling. We study this using dynamic bottleneck congestion …
Persistent link: https://www.econbiz.de/10013306283
The traditional bottleneck model for road congestion promotes the implementation of a triangular, fully time varying … traditional bottleneck model to analyse how the coarse charge can be differentiated over two groups of travellers assuming …
Persistent link: https://www.econbiz.de/10014190947
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