Strategic interactions between transport operators with several goals

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Date: Sept. 2009
Publisher: London School of Economics at the University of Bath (UK)
Document Type: Report
Length: 43 words

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Abstract :

Analysis of the competition between transport firms that have goals beyond profit maximization reveals that these firms maximize a weighted combination of profits and consumer surplus. Equilibrium prices are compared as well as the consumer surplus and total surplus that arise from collusion.

Source Citation

Source Citation   

Gale Document Number: GALE|A211590230