Showing 1 - 10 of 17
The article first infers how consumer surplus in a market is linked to revenue under different assumptions about fare elasticity and when using different types of demand functions. This information is added to producer surplus in order to derive social surplus. The method, thus, produces a...
Persistent link: https://www.econbiz.de/10008861438
This article demonstrates that panel data estimation methods can be applied to derive operating costs for the highly regulated car ferry industry in Norway. The balanced data set includes 360 observations of ferry crossings from 1995 to 2005. Compared with cross-sectional results from earlier...
Persistent link: https://www.econbiz.de/10010986860
<title>Abstract</title> In 2004, one of the biggest ferry operators in Norway was found guilty of having intentionally attempted to defraud the state of about 113 million Norwegian kroner in subsidies by underreporting revenues and overstating costs during the period 1992--2002. The company and five of the top...
Persistent link: https://www.econbiz.de/10010973358
For passengers to reach the final destination of the trip it is often necessary to make use of the transport services provided by several firms. When these transport services follow in a natural transport chain they are characterized as complementarities and the firms providing the services can,...
Persistent link: https://www.econbiz.de/10011065528
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...
Persistent link: https://www.econbiz.de/10009146024
A theoretical model is adopted in order to examine optimal fare and optimal quality of supply schemes for a transport operator. The analysis shows how fares and quality of supply are related to travel distance and to the transport operator's weight on profit versus consumer surplus. Under...
Persistent link: https://www.econbiz.de/10005404356
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
This article examines how different factors influence the number of times articles in the five most recognized transportation journals are cited. The effects of most of the explanatory variables indicating the characteristics of articles, authors and journals correspond with earlier studies of...
Persistent link: https://www.econbiz.de/10011189275
The paper first briefly reviews the extent to which profit maximising transport firms with identical cost functions and producing identical transport services pass-on output taxes to transport users under perfect competition, under different forms of imperfect competition and when they act as...
Persistent link: https://www.econbiz.de/10011076827
This paper develops a model to examine how a transport operator who is concerned about both profit and consumer surplus will design a uniform fare scheme and the relationship between fare and travel distance within such a scheme. The paper also analyses how travellers' generalised cost are...
Persistent link: https://www.econbiz.de/10004988087