Competition, Regulation and Industrial Policy
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We develop a hybrid cost model for the determination of unit standard costs in the Italian local public bus transport sector. Detailed economic and transport data have been collected from companies producing more than 500 million of bus-kilometers in Italy observed in 2011. We draw upon the Bottom-...
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This paper is aimed at developing a workable model for the identification of key-cost drivers in the Italian Local Public Bus Transport (LPBT) sector. Disaggregated information about costs, technical characteristics and environmental characteristics have been collected by means of questionnaires...
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We study pricing of aviation and non-aviation products in a private monopolistic airport city and model two features. First, non-aviation goods are demanded by both air travellers and nontravellers. Second, the utility from consuming non-aviation goods may depend on whether the consumer travels or...
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