Market Power in Transportation: Spatial Equilibrium under Bertrand Competition

Abstract

We examine spatial competition along a waterway when shippers are distributed over space. Competition is between barge and rail companies and among barge companies. Equilibrium prices are derived for two variations: oligopolistic rivalry between barge and rail operators, and oligopolistic rivalry among barge operators with terminals located at different… (More)

Topics

Cite this paper

@inproceedings{Anderson2014MarketPI, title={Market Power in Transportation: Spatial Equilibrium under Bertrand Competition}, author={Simon P. Anderson and Wesley Wilson}, year={2014} }