Price Competition in the Intercity Passenger Transport Market: a Simulation Model.

Author(s)
Ivaldi, M. & Vibes, C.
Year
Abstract

In this game, consumers choose a transport mode and an operator to travel on a given city-pair; operators strategically decide on prices for the services they provide. We derive the market equilibrium and simulate potential regulatory and structural scenarios. Hence, our framework is a tool to measure the effectiveness of competition on a relevant market, to design marketing strategies or to evaluate the net benefit of new transport infrastructures. It can be effectively used with a limited set of detailed data. (Author/publisher).

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Publication

Library number
I E137843 /10 / ITRD E137843
Source

Journal of Transport Economics and Policy. 2008 /05. 42(2) Pp225-262 (16 Refs.)

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This publication is one of our other publications, and part of our extensive collection of road safety literature, that also includes the SWOV publications.