Showing 1 - 10 of 96
An important strategic element in the planning process of a railway operator is the development of a line plan, i.e. a set of routes (paths) on the network of tracks, operated at a given hourly frequency. The models described in the literature have thus far considered only lines that halt at all...
Persistent link: https://www.econbiz.de/10011160434
We consider the problem of determining a set of optimal tariffs for an agent in the network, who owns a subset of all the arcs, and who receives revenue by setting the tariffs on the arc he owns. Multiple rational clients are active in the network, who route their demands on the cheapest paths...
Persistent link: https://www.econbiz.de/10011160190
We consider the problem of determining a set of optimal tariffs for an agent in a network, who owns a subset of the arcs of the network, and who wishes to maximize his revenues on this subset from a set of clients that make use of the network.The general variant of this problem is NP-hard,...
Persistent link: https://www.econbiz.de/10011160203
The Stackelberg pricing problem has two levels of decision making: tariff setting by an operator, and then selection of the cheapest alternative by customers. In the network version, an operator determines tariffs on a subset of the arcs that he owns. Customers, who wish to connect two vertices...
Persistent link: https://www.econbiz.de/10011160301
This paper empirically tests the principal-agent model prediction that the use of performance measures for incentive purposes is affected by the agent’s risk aversion. We find that the use of both accounting and market performance measures in executive compensation contracts decreases as the...
Persistent link: https://www.econbiz.de/10011160169
An often made distinction in the study of time in organizations is that between objective,linear, homogeneous, linear, measurable, Newtonian time, also called Chronos, andsubjective, non-linear, heterogeneous, experienced, event time, also designated as Kairos.These conceptions of time are...
Persistent link: https://www.econbiz.de/10011160172
There is a growing body of research in economics that studies the consequences of time-inconsistent preferences. This paper introduces time-inconsistent preferences in a general equilibrium setting. We discuss how the standard notion of competitive equilibrium should be extended in order to...
Persistent link: https://www.econbiz.de/10011160174
This article discusses the notion of efficient statute law. The hypothesis that the common law develops towards efficiency is the organizing principle of the new law and economics as it originated at the University of Chicago School of Law. However, the hypothesis can be regarded as too limited....
Persistent link: https://www.econbiz.de/10011160178
This study addresses the question of how trans-national regulations could stimulate environmentally friendly transportation. Effects of capacity limitations, costs and transit time requirements on the attractiveness of different containerized transportation modes are modeled for a representative...
Persistent link: https://www.econbiz.de/10011160186
By a cooperative game in coalitional structure or shortly coalitional game we mean the standard cooperative non-transferable utility game described by a set of payoffs for each coalition that is a nonempty subset of the grand coalition of all players. It is well-known that balancedness is a...
Persistent link: https://www.econbiz.de/10011160187