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We study airport pricing with aeronautical and concession activities, incorporating a positive relationship between delay and consumption of concession goods, and the effect of passenger types. We assume that as congestion increases, dwell time increases - and the money spent in concession...
Persistent link: https://www.econbiz.de/10010728804
This paper examines the interaction between urban road congestion and competition between two seaports. We find that an increase in road capacity or increasing tolls by a chain may increase its port's profit and reduce the rival port's profit. As a consequence, roads are tolled above the...
Persistent link: https://www.econbiz.de/10010728827