search query: @author Reeven, P. van / total: 3
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| Author: | Reeven, P. van |
| Title: | Scheduling in on-route competition |
| Journal: | Journal of Transport Economics and Policy
2006 : MAY, VOL. 40:2, p. 225-254 |
| Index terms: | competition product differentiation scheduling transport |
| Language: | eng |
| Abstract: | This study analyses scheduled transport operators' pricing, departure timing and frequency decisions in a horizontal product differentiation model with two dimensions. The first dimensions concerns the availability of a departure at the preferred time of consumers. The second dimension concerns exogenous quality differentiation between operators' services. The model shows that operators choose intervals between their own departures that minimize consumers' waiting costs, and set prices that do not depend on the level of competition in terms of frequency. Operators do not have a strategic incentive to duplicate each other's departures and choose similar frequencies. |
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