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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...
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first- and second-best insurance premiums for monopoly and oligopoly market structures in insurance. The insurance program …
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distribution of values of time.Demand elasticity arises from the inclusion of an outside virtual mode. Game theory is appliedto …
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Autonomous cars allow safe driving with a smaller headway than that required for normal human-driven cars, thereby potentially improving road capacity. To attain this capacity benefit, cooperation among autonomous cars is vital. However, the future market may have multiple car brands and the...
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