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...

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...

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,...

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...

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...

<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...

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...

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...