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This paper analyses competition between transport firms that have goals that extend beyond traditional profit maximisation. Specifically, operators maximise a weighted combination of profits and consumer surplus. We calculate equilibrium solutions for the case of symmetric firms producing...
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A theoretical model is adopted in order to discuss optimal fare and optimal quality of supply schemes for a transport operator. The analysis shows how fare and quality of supply are related to travel distance and to the transport operator's emphasis on profit versus consumer surplus. Under...
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This paper analyses equilibrium fares that arise from Collusion, Cournot, Stackelberg, Bertrand and Sequential Price Competition when two profit maximising transport firms produce symmetrically differentiable services and have identical costs. Special focus is placed on how different equilibrium...
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This paper analyses which factors can explain the planned funding for 83 different stretches of roads in the Norwegian national road network during the ten-year period from 2010 to 2019. Previous studies have focused on the extent to which Norwegian politicians use the results of cost-benefit...
Persistent link: https://www.econbiz.de/10011264511