Competition, Regulation and Industrial Policy
-
-
-
-
1. Description of the purpose of the research (20~40 words) We develop an analytical framework to study the impact of High Speed Rail (HSR) network configuration on incentives for capacity investments and social welfare. We focus on two alternative models for HSR development: isolated corridors and...
-
-
-
-
-
There are many examples of airline-high speed rail vertical agreements, where the airline buys train seats to sell the multimodal product. We discuss the formation of such agreements, depending on the sunk costs of cooperation and firms’ bargaining power, and their welfare effects, depending on hub...
-