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This paper presents a model which is aimed at developing an efficient air traffic system for given demand and airport capacity levels by the proper pricing of landing slots. A computable Nash equilibrium model is used in the context of a two-stage, game-theoretic representation of a market...
Persistent link: https://www.econbiz.de/10005279815
This paper presents a computable equilibrium model of an internal market for track resources in a railroad. The problem of estimating the value to each train of track capacity, which in turn is used to create the actual train schedules, is formulated as an N-player, noncooperative game with...
Persistent link: https://www.econbiz.de/10005191695
Purpose – The purpose of this paper is to analyze the effect of the 2008 Farm Bill's average crop revenue election (ACRE) program on the risk-reducing effectiveness of crop insurance products. Design/methodology/approach – Three crop/region combinations are examined, representing regions...
Persistent link: https://www.econbiz.de/10008471786