employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non …

The objective of the paper is to elaborate a simulation model to analyze inter- and intra-modal competition in the … transport industry, based on game theory models. In our setting, consumers choose a transport mode and an operator to travel on … effect of a kerosene tax. Hence our framework could serve as a tool to measure the effectiveness of competition on a relevant …

pricing policies are never applied when there is no redistribution of the resources in favour of other modes of transport or … when the congestion of these types of transport is relatively high. The results suggest that the efficiency of the … redistribution of resources from road to the alternative types of transport as well as the fraction of the population that uses the …

taking into account competition between multiple privatized transport operator types. The operators, including high …This paper develops a methodology to assess transport infrastructure investments and their effects on a Nash equilibria …-speed rail, hub and spoke legacy airlines and low cost carriers, maximize profit functions via prices, frequency and train …

taking into account competition between multiple privatized transport operator types. The operators, including high …This paper develops a methodology to assess transport infrastructure investments and their effects on a Nash equilibria …-speed rail, hub and spoke legacy airlines and low cost carriers, maximize profit functions via prices, frequency and train …