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...
| Publicado en: | Journal of Regional Science Vol. 48; no. 2; pp. 367 - 398 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
May 2008
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511380961&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511380961 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00224146 RSC jtl: Journal of Regional Science issn: 00224146 maglogo: N pubinfo: dt: May 2008 vid: 48 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 511380961 10.1111/j.1467-9787.2008.00556.x ppf: 367 ppct: 31 formats: tig: atl: Spatial Competition, Pricing, and Market Power in Transportation: A Dominant Firm Model. aug: au: Anderson, Simon P. Wilson, Wesley P. su: Cost Mathematical models of economics Shipment of goods sug: subj: Cost Mathematical models of economics Shipment of goods ab: 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. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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