Spatial Competition, Pricing, and Market Power in Transportation: A Dominant Firm Model.

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 efficie...

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Bibliographic Details

Published in:	Journal of Regional Science Vol. 48; no. 2; pp. 367 - 398
Main Authors:	Anderson, Simon P., Wilson, Wesley P.
Format:	Article
Published:	Wiley-Blackwell May 2008
Subjects:	Cost Mathematical models of economics Shipment of goods
Online Access:	View this record in EBSCOhost