Market for passenger transport services: basic framework for welfare analysis

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STANĚK Rostislav

Rok publikování 2014
Druh Článek ve sborníku
Konference The International Conference Hradec Economic Days 2014: Economic Development and Management of Regions
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

Citace
Obor Ekonomie
Klíčová slova open access; competitive tendering; product differentiation
Popis There two ways how to increase competition in the market for passenger transport services: open access and competitive tendering. The paper presents a basic version of model which enables to compare these two types of competition in terms ef welfare. The demand side of the model includes heterogenous consumers that differ according to their departure time. The supply is modeled as differentiated oligopoly.
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