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[eng] This study presents a methodology to evaluate the impact of a new transportation infrastructure on social welfare, taking into account both inter-and intramodal competition. The new infrastructure alters the characteristics of the transportation mode involved, entailing changes in the...
Persistent link: https://www.econbiz.de/10010978272
We elaborate a simulation model to analyse inter- and intra-modal competition in the transport industry, based on game theory models. In this game, consumers choose a transport mode and an operator to travel on a given city-pair; operators strategically decide on prices for the services they...
Persistent link: https://www.econbiz.de/10004988061
The objective of the paper is to elaborate a simulation model to analyse inter and intra-modal competition in the transport industry, based on game theory models. In our setting, consumers choose a transport mode and an operator to travel on a given city-pair; operators strategically decide on...
Persistent link: https://www.econbiz.de/10005656264
Many European countries have sought to increase the efficiency of national railroad companies through a range of reforms: separating infrastructure and operations, creating independent regulatory institutions and providing access to the network to third parties. To estimate the effects of...
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The objective of this article is to analyze European railways’ incentives to improve efficiency in the recent liberalization context. We build and estimate a structural model accounting for regulatory pressures faced by the firms. Our model includes demand equations, capacity constraints and a...
Persistent link: https://www.econbiz.de/10010988887
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