The focal point of interest in the research was directed towards the communications flows within the logistics value chain, since the influence of the electronic commerce technologies has become more and more evident. In order to be able to define the characteristics of the system, these...

The setting of user prices for enterprises with large fixed costs and marginal costs below average costs – “natural monopolies” – raises important policy questions regarding both efficiency and equity. It has become well accepted among economists that, in a variety of settings, welfare...

The business of freight transportation is undergoing a technological revolution at it moves toward the 21st century. New technologies are being developed and adopted in each mode of freight transportation. The one technology that affects all modes is information technology. Information...

It is usual to estimate willingness-to-pay in discrete choice models through Logit models –or their expanded versions-. Nevertheless, these models have very restrictive distributional assumptions. This paper is intended to examine the above- mentioned issue and to propose an alternative...

With the recent advent of computer-based communication technologies, communication networks have become an important factor in global interaction. The world in the information age may be described as being connected by a lattice of networks. The analysis of the communication network in the...

Fundamental changes suggest new approaches in the research field concerning the role and impacts of transport corridors. We argue that the changes in dynamics of the hinterlands of seaports, as well as the changes in the logistic concepts are the main reasons for redefining the transport...

The transportation system is a fundamental component of the urban economic development, with its generating feature of negative supply externalities standing out (and, as a result, of the satisfied demand for some kind of this supply’s structure) related to congestion and environmental...

A number of methods are available for determining the limits of port gravitational areas, geographic, geometrical, mainland-tariff method or total transport cost method. The basic drawback of this methods is that they take in the account either cost or geographical elements Unified theory of the...

This case study uses the Ramsey model to analyze whether the current electricity prices charged by the natural monopoly Novosibirskenergo in a major industrial region of the Russian Federation are socially optimal. Our estimates of demand elasticities for two major groups of consumers, namely...

The paper examines the economic and regulatory factors that led to an explosion in the wholesale power prices, supply shortages, and utility insolvencies in California’s electricity sector. A necessary first step in determining the lessons learned from the California electricity crisis is a...