Trip Chaining: Who Wins Who Loses?
"This paper studies how trip chaining (combining commuting and shopping or commuting and child care) affects market competition: in particular, pricing and the equilibrium number of firms as well as welfare. We use a monopolistic competition framework, where firms sell differentiated products as well as offering differentiated jobs to households, who are all located at some distance from the firms. The symmetric equilibriums with and without the option of trip chaining are compared. We show analytically that introducing the trip chaining option reduces the profit margin of the firms in the short run, but increases welfare. The welfare gains are, however, smaller than the transport cost savings. In the free-entry long-run equilibrium, the number of firms decreases but welfare is higher. A numerical illustration gives orders of magnitude of the different effects." Copyright (c) 2010, The Author(s) Journal Compilation (c) 2010 Wiley Periodicals, Inc..
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 19 (2010)
Issue (Month): 1 (03)
|Contact details of provider:|| Web page: http://www.kellogg.northwestern.edu/research/journals/JEMS/|
|Order Information:||Web: http://www.blackwellpublishing.com/journal.asp?ref=1058-6407&site=1|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Andre de Palma & Fay Dunkerley & Stef Proost, 2010.
"Trip Chaining: Who Wins Who Loses?,"
Journal of Economics & Management Strategy,
Wiley Blackwell, vol. 19(1), pages 223-258, 03.
- AndrÃ© De Palma & Fay Dunkerley & Stef Proost, 2005. "Trip chaining - who wins, who loses?," ERSA conference papers ersa05p496, European Regional Science Association.
- Andre de Palma & Dunkerley Fay, 2006. "Trip Chaining: Who Wins Who Loses?," Energy, Transport and Environment Working Papers Series ete0605, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
- André de Palma & Fay Dunkerley & Stef Proost, 2006. "Trip chaining: who wins who loses?," Working Papers Department of Economics ces0607, KU Leuven, Faculty of Economics and Business, Department of Economics.
- André De Palma & Fay Dunkerley & Stef Proost, 2008. "Trip chaining: Who wins who loses?," Working Papers hal-00348451, HAL.
- André de Palma & Fay Dunkerley & Stef Proost, 2006. "Imperfect Competition and Congestion in a City with Asymmetric Subcentres," Chapters,in: Spatial Dynamics, Networks and Modelling, chapter 16 Edward Elgar Publishing.
- DE PALMA, André & DUNKERLEY, Fay & PROOST, Stef, "undated". "Imperfect competition and congestion in a city with asymmetric subcentres," CORE Discussion Papers RP 1884, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Andre de Palma & Stef Proost & Fay Dunkerley, 2004. "Imperfect Competition and Congestion in a City with asymmetric subcenters," Energy, Transport and Environment Working Papers Series ete0411, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
- Anderson, Simon P & de Palma, Andre, 2001. "Product Diversity in Asymmetric Oligopoly: Is the Quality of Consumer Goods Too Low?," Journal of Industrial Economics, Wiley Blackwell, vol. 49(2), pages 113-135, June.
- Anderson,S.P. & de Palma,A., 1995. "Product Diversity in Asymmetric Oligopoly:Is the Quality of Consumer Goods Too Low?," Papers 9521, Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor..
- Simon P. Anderson & André de Palma, 2000. "Product Diversity in Asymmetric Oligopoly: Is the Quality of Consumer Goods too Low?," Virginia Economics Online Papers 349, University of Virginia, Department of Economics.
- Claycombe, Richard J. & Mahan, Tamara E., 1993. "Spatial aspects of retail market structure beef pricing revisited," International Journal of Industrial Organization, Elsevier, vol. 11(2), pages 283-291, June.
- Bhat, Chandra R. & Singh, Sujit K., 2000. "A comprehensive daily activity-travel generation model system for workers," Transportation Research Part A: Policy and Practice, Elsevier, vol. 34(1), pages 1-22, January.
- Raith, Michael, 1996. "Spatial retail markets with commuting consumers," International Journal of Industrial Organization, Elsevier, vol. 14(4), pages 447-463, June.
- Kay Axhausen & Andrea Zimmermann & Stefan Schönfelder & Guido Rindsfüser & Thomas Haupt, 2002. "Observing the rhythms of daily life: A six-week travel diary," Transportation, Springer, vol. 29(2), pages 95-124, May.
- Eaton, B Curtis & Lipsey, Richard G, 1982. "An Economic Theory of Central Places," Economic Journal, Royal Economic Society, vol. 92(365), pages 56-72, March.
- Simon P. Anderson & Andre de Palma & Jacques-Francois Thisse, 1987. "Demand for Differentiated Products," Discussion Papers 726, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Arun Kuppam & Ram Pendyala, 2001. "A structural equations analysis of commuters' activity and travel patterns," Transportation, Springer, vol. 28(1), pages 33-54, February.
- J Rouwendal & P Rietveld, 1999. "Prices and Opening Hours in the Retail Sector: Welfare Effects of Restrictions on Opening Hours," Environment and Planning A, , vol. 31(11), pages 2003-2016, November.
- J Rouwendal & P Rietveld, 1999. "Prices and opening hours in the retail sector: welfare effects of restrictions on opening hours," Environment and Planning A, Pion Ltd, London, vol. 31(11), pages 2003-2016, November.
- Recker, W. W. & Chen, C. & McNally, M. G., 2001. "Measuring the impact of efficient household travel decisions on potential travel time savings and accessibility gains," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(4), pages 339-369, May.
- Bhat, Chandra R. & Frusti, Teresa & Zhao, Huimin & Schönfelder, Stefan & Axhausen, Kay W., 2004. "Intershopping duration: an analysis using multiweek data," Transportation Research Part B: Methodological, Elsevier, vol. 38(1), pages 39-60, January.
- David Hensher & April Reyes, 2000. "Trip chaining as a barrier to the propensity to use public transport," Transportation, Springer, vol. 27(4), pages 341-361, December.
- Golob, Thomas F., 2000. "A simultaneous model of household activity participation and trip chain generation," Transportation Research Part B: Methodological, Elsevier, vol. 34(5), pages 355-376, June.
- Daniel McFadden, 1977. "Modelling the Choice of Residential Location," Cowles Foundation Discussion Papers 477, Cowles Foundation for Research in Economics, Yale University.
- Bhat, Chandra R., 2008. "The multiple discrete-continuous extreme value (MDCEV) model: Role of utility function parameters, identification considerations, and model extensions," Transportation Research Part B: Methodological, Elsevier, vol. 42(3), pages 274-303, March. Full references (including those not matched with items on IDEAS)