Showing 1 - 9 of 9
We describe a pair of empirical tests that can be used to evaluate the technological feasibility of separating a vertically integrated network monopoly into a common infrastructure component and competing operating components. We implement the tests with a Generalized McFadden cost function that...
Persistent link: https://www.econbiz.de/10005432466
Abstract This paper is aimed at evaluating the net gains and trade-offs at stake in implementing the competition of the rail mode in the long distance passenger market either by means of franchise or by an open access mechanism. We simulate the outcomes of competition in and for the market using...
Persistent link: https://www.econbiz.de/10014618911
Abstract Considering the US railroad industry, which is characterized by seven integrated firms that provide freight services on tracks they own and maintain, this paper provides a structural model that allows to evaluate the potential effects of opening the rail network to new firms on prices...
Persistent link: https://www.econbiz.de/10014618912
Abstract We study the welfare impact of revenue management, a practice which is widely spread in the transport industry, but whose impact on consumer surplus remains unclear. We develop a theoretical model of revenue management allowing for heterogeneity in product characteristics, capacity...
Persistent link: https://www.econbiz.de/10014618944
We describe a pair of empirical tests that can be used to evaluate the technological feasibility of separating a vertically integrated network monopoly into a common infrastructure component and competing operating components. We implement the tests with a Generalized McFadden cost function that...
Persistent link: https://www.econbiz.de/10014619113
This paper deals with an analysis of the efficiency of delivery post offices from an estimated cost frontier. Our focus is to apply a robust non parametric approach for the cost frontier estimation, called the order-m frontier, based on the concept of "expected minimum cost" and to extend it to...
Persistent link: https://www.econbiz.de/10005432477
This paper deals with an analysis of the efficiency of delivery post offices from an estimated cost frontier. Our focus is to apply a robust non parametric approach for the cost frontier estimation, called the order-m frontier, based on the concept of "expected minimum cost" and to extend it to...
Persistent link: https://www.econbiz.de/10014619120
In this paper, we examine the application of SFA method with time-invariant inefficiency and assess its estimation of inefficiency when applied to cross section and panel data. By using simulation methods, we look at the effect of unobserved heterogeneity on the estimates of inefficiency in both...
Persistent link: https://www.econbiz.de/10014619176
We provide a brief introduction to the current issue of the Review of Network Economics, which is a special issue devoted to the postal sector based on the sixth bi-annual Toulouse conference on “Competition and universal service in the postal sector.”
Persistent link: https://www.econbiz.de/10014619193