Spatial Competition, Pricing, and Market Power in Transportation PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Spatial Competition, Pricing, and Market Power in Transportation PDF full book. Access full book title Spatial Competition, Pricing, and Market Power in Transportation by Simon P. Anderson. Download full books in PDF and EPUB format.
Author: Simon P. Anderson
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Transport firms compete over space. We develop a dominant firm model of transport services wherein one firm (the railroad) has market power, but competes in space with a competitive alternative (truck-barge). When constrained, the dominant firm prices to beat the competition, which impedes efficiency when demand has some elasticity. We extend the basic model in a number of directions that include the relationship between monopoly prices and the generalized concavity of the shipper demand functions, the effects of multiple terminal markets, the role of joint production (fronthaul-backhaul markets), and the effects of capacity constraints.
Author: Simon P. Anderson
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Transport firms compete over space. We develop a dominant firm model of transport services wherein one firm (the railroad) has market power, but competes in space with a competitive alternative (truck-barge). When constrained, the dominant firm prices to beat the competition, which impedes efficiency when demand has some elasticity. We extend the basic model in a number of directions that include the relationship between monopoly prices and the generalized concavity of the shipper demand functions, the effects of multiple terminal markets, the role of joint production (fronthaul-backhaul markets), and the effects of capacity constraints.
Author: Christian Lorberg
Publisher: GRIN Verlag
ISBN: 363834200X
Category : Business & Economics
Languages : en
Pages : 24
Get Book Here
Book Description
Seminar paper from the year 2004 in the subject Economics - Micro-economics, grade: 2,0 (B), University of Paderborn, course: Research and Independent Studies, language: English, abstract: In this study I want to provide an overview of different research areas according to the topic “Increasing Returns and Transport Costs: The Fundamental Trade-Off of a Spatial Economy”. Transport costs are a monetary measure of what the transport provider must pay to produce transportation services. They depend on a variety of conditions related to geography, infrastructure, administrative barriers, economies of scale, competition and regulation. First, I will figure out the benefits and cost of transport to show barriers, which confront the policy strategy in the following model of marginal external cost pricing. Further models investigate the impact of transport costs on production organization, city formation and spatial competition under different model-configurations and –perspectives.
Author: Hiroshi Ohta
Publisher:
ISBN:
Category : Control de precios
Languages : en
Pages : 40
Get Book Here
Book Description
Author: Ian Yihang Zhu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
In this thesis, we examine the relationship between the equilibrium prices of spatially separated market participants and the transportation network that connects them; we focus in particular on isolating the effect that the transportation network can have on price integration. We first find that certain network structures and link costs can guarantee a bound on price differences between spatially separated participants when there are no capacity constraints. We extend this analysis to the case when there are binding transportation constraints, and generalize the effects of the transportation network on price integration using a time series decomposition. We then develop an empirical methodology, termed the submarket detection method (SDM), which can be used to infer when binding transportation constraints exist by analyzing regional pricing data from a competitive market, and conclude by using the SDM in a case study of the US gasoline market.
Author: Suzanne Scotchmer
Publisher:
ISBN:
Category : Competition, Imperfect
Languages : en
Pages : 36
Get Book Here
Book Description
Author: Darren Prokop
Publisher: Bloomsbury Publishing USA
ISBN: 0313397368
Category : Business & Economics
Languages : en
Pages : 567
Get Book Here
Book Description
This is a must-have resource for anyone interested in the latest information about the complex field of transportation—and how it is transforming today's business environment. This wide-ranging, two-volume work explores the transportation industry in all its many guises. It demonstrates how transportation is vital to most businesses and how it facilitates trade and globalization. It also explains how transportation figures into environmental and supply chain security challenges in the modern world. The contributors get into the nitty-gritty of how the business of transportation works and who the players are. Equally important, they show why those who depend on transportation in their business cannot afford to ignore such details when seeking greater efficiency, growth, profit, and market share.
Author: André de Palma
Publisher: Edward Elgar Publishing
ISBN: 0857930877
Category : Transportation
Languages : en
Pages : 929
Get Book Here
Book Description
'This Handbook is a stellar compilation of up-to-date knowledge about the important topics in transport economics. Authors include the very best in the field, and they cover the most important topics for today's research and policy applications. Individual chapters contain sound, readable, well referenced explanations of each topic's history and current status. I cannot think of a better place to start for anyone wanting to become current in the field or in any of its parts.' – Kenneth Small, University of California-Irvine, US Bringing together insights and perspectives from close to 70 of the world's leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the relationship between transport and the spatial economy, recent advances in travel demand analysis, the external costs of transport, investment appraisal, pricing, equity issues, competition and regulation, the role of public–private partnerships and the development of policy in local bus services, rail, air and maritime transport. This Handbook is designed both for use on postgraduate and advanced undergraduate courses and as a reference for anyone working in the field. It also complements the textbook Principles of Transport Economics.
Author: Pierre R. Mérel
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
While high transportation cost and market power are long-recognized sources of market inefficiency, their interaction is less well understood, and has not been explored in a developing-country context. In this paper, we analyze the mechanisms by which lower transportation costs increase farm prices and profits by (i) reducing marketing costs and (ii) diminishing marketing firms' exercise of oligopsony power. Although the marketing-cost effect is well understood, we demonstrate that the effect on competition may quantitatively be much larger. We utilize a two-stage modeling framework to demonstrate use of an endogenous financing mechanism to generate funds to improve transportation infrastructure and derive the optimal rate of taxation to maximize producer welfare.
Author: Aura Reggiani
Publisher: Taylor & Francis
ISBN: 1351750569
Category : Transportation
Languages : en
Pages : 333
Get Book Here
Book Description
This title was first published in 2001. A delightfully oriented selection of international state-of-the-art research in applied regional science, this informative volume places particular emphasis on the use of qualitative/quantitative methodologies in transportation and spatial dynamics. It presents new theoretical contributions in the context of spatial competition dynamics, particularly illustrating various combinations of methods and models regarding new measures of competition/cohesion in the two main fields of transportation and spatial dynamics.
Author: Louis Phlips
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 68
Get Book Here
Book Description
