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High-Speed Rail & Air Transport Competition

Author

Listed:
  • Nicole Adler

    () (Hebrew University of Jerusalem, Israel)

  • Chris Nash

    (Institute for Transport Studies, Leeds, England)

  • Eric Pels

    () (VU University Amsterdam)

Abstract

This paper develops a methodology to assess transport infrastructure investments and their effects on a Nash equilibria taking into account competition between multiple privatized transport operator types. The operators, including high-speed rail, hub and spoke legacy airlines and low cost carriers, maximize profit functions via prices, frequency and train/plane sizes, given infrastructure provision and costs and environmental charges. The methodology is subsequently applied to all 27 European Union countries, specifically analyzing four of the prioritized Trans-European Networks. This discussion paper led to an article in Transportation Research B (2010). Volume 44, pages 812-833.

Suggested Citation

  • Nicole Adler & Chris Nash & Eric Pels, 2008. "High-Speed Rail & Air Transport Competition," Tinbergen Institute Discussion Papers 08-103/3, Tinbergen Institute.
  • Handle: RePEc:tin:wpaper:20080103
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    File URL: https://papers.tinbergen.nl/08103.pdf
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    References listed on IDEAS

    as
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    6. Adler, Nicole, 2001. "Competition in a deregulated air transportation market," European Journal of Operational Research, Elsevier, vol. 129(2), pages 337-345, March.
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    More about this item

    Keywords

    airlines; high-speed rail; networks; applied game theory; infrastructure pricing;

    JEL classification:

    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation

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