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Uncertainty about usage conditions is common in many congestible facilities. In this paper, the authors consider the effects of providing information to prospective users under three regimes: free access, nonresponsive congestion tolling, and responsive tolling based on current information. With...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005466923
How rapidly should a country exploit a nonrenewable resource if supplementary imports are insecure? With lags in domestic supply adjustment, speeding up extraction will reduce near-term losses in a disruption, but reserves will be depleted more quickly, leading to greater future import...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005608768
A spatial model that incorporates store locations and city topographic features is developed for the Edmonton, Alberta, video-cassette-rental market. Bertrand-Nash equilibrium prices are computed using a grid search algorithm that maximizes goodness-of-fit against observed prices. The fit is...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10005271968