Congestion-Prone Services under Quality Competition

A Microeconomic Analysis de

Éditeur :

Springer


Collection :

Advances in Spatial Science

Paru le : 2012-01-05

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Description
This study presents new microeconomic analyses of congestion-prone services that comprise most private and public services at the final consumption stage. It accounts for two distinctive features of congestion-prone services: the discrepancy between capacity and throughput, and service quality competition. To accommodate these features, a series of new decision-making theorems for consumers and suppliers is developed. The resulting demand and cost functions incorporate service time as the variable that reflects congestion and service quality. In market equilibrium, interactions between consumers and firms endogenously determine the industrial organization type of each firm and thus allow the coexistence of multiple industrial organization types in the same market. Efficiency of resource allocation is assessed by applying two different criteria: service quality diversity throughout the market and Pareto optimality in each submarket.
Pages
426 pages
Collection
Advances in Spatial Science
Parution
2012-01-05
Marque
Springer
EAN papier
9783642201882
EAN EPUB
9783642201899

Informations sur l'ebook
Nombre pages copiables
4
Nombre pages imprimables
42
Taille du fichier
6420 Ko
Prix
147,69 €