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higher free flow transport costs but is less prone to congestion (ample public transport capacity, parking etc.). Both … fixed costs. In the absence of any government regulation, there will be an asymmetric duopoly game that can be solved for a … congestion for the nearby subcentre. We study the welfare effects of a number of stylised policies by setting up a general model …
Persistent link: https://www.econbiz.de/10005698078
), the second less prone to congestion but further away. Both need to attract customers and employees and need to make … profits to cover their fixed costs. This is an asymmetric duopoly game that can be solved for a Nash equilibrium in prices and … wages. This solution involves excessive congestion for the nearby subcentre. Three stylised policies are studied to address …
Persistent link: https://www.econbiz.de/10005328236
subcenters, congestion and attractiveness of the subcenter as workplace. The paper shows cases where asymmetry can increase …
Persistent link: https://www.econbiz.de/10005808086
higher free flow transport costs but is less prone to congestion (ample public transport capacity, parking etc.). Both … fixed costs. In the absence of any government regulation, there will be an asymmetric duopoly game that can be solved for a … congestion for the nearby subcentre. We study the welfare effects of a number of stylised policies by setting up a general model …
Persistent link: https://www.econbiz.de/10012733119
connections to one facility are congested. A model is presented for this asymmetric duopoly game that can be solved for a Nash … numerical model is then applied to the two Brussels airports. Three stylised policies are implemented to address the congestion … problem: expansion of transport capacity; congestion pricing; and a direct subsidy to the uncongested facility. Our results …
Persistent link: https://www.econbiz.de/10008793454
This paper presents a spatial model to study imperfect competition with congestion. The model is used to examine the … prices and wages and analyse the welfare impacts of congestion charging and infrastructure policies. This paper generalises … the literature on imperfect competition with differentiated products as well as the literature on congestion pricing with …
Persistent link: https://www.econbiz.de/10005043045
This paper presents a spatial model to study imperfect competition with congestion. The model is used to examine the … wages and analyse the welfare impacts of congestion charging and infrastructure policies. This paper generalises the … literature on imperfect competition with di.erentiated products as well as the literature on congestion pricing with imperfect …
Persistent link: https://www.econbiz.de/10005808099
This paper presents a spatial model to study imperfect competition with congestion. The model is used to examine the … prices and wages and analyse the welfare impacts of congestion charging and infrastructure policies. This paper generalised … the literature on imperfect competition with differentiated products as well as the literature on congestion pricing with …
Persistent link: https://www.econbiz.de/10012734355
labor productivity and the housing market. Abolishing traffic congestion during rush hours leads to a more urbanized economy …
Persistent link: https://www.econbiz.de/10011996174
We analyze whether different learning abilities of firms with respect to general equilibrium effects lead to different levels of unemployment. We consider a general equilibrium model where firms in one sector compete à la Cournot and a real wage rigidity leads to unemployment. If firms consider...
Persistent link: https://www.econbiz.de/10009781719