Clark, Derek John; Jørgensen, Finn; Mathisen, Terje (Journal article; Tidsskriftartikkel; Peer reviewed, 2011-04)
This paper analyses equilibrium fares that arise from Collusion, Cournot, Stackelberg,
Bertrand and Sequential Price Competition when two profit maximising transport firms
produce symmetrically differentiable services and have identical costs. Special focus is placed
on how different equilibrium fares are linked to trip length. Higher operator costs and higher
demand from the authorities regarding ...