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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://www.econbiz.de/10005466923
Two types of location equilibria are compared. The first one is that of a simultaneous price and location game, the second is that of a two-stage location-then-price game. It is suggested that equilibrium locations are further apart under the second and profits are higher, since firms...
Persistent link: https://www.econbiz.de/10005604693