Competition, Regulation and Industrial Policy
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We build a theoretical model to study different air-rail cooperation scenarios. We investigate two possible air-rail partnerships between a rail operator and either a domestic airline or a foreign airline. When a partnership is formed, an investment to improve the air-rail connecting service is...
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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-...