{"title":"An application of the economic modelling approach to the investigation of predation","authors":"J. Dodgson, Y. Katsoulacos, C. Newton","doi":"10.4324/9780203985359-34","DOIUrl":null,"url":null,"abstract":"This paper is concerned with the identification of the predatory behaviour in the bus industry. An economic model of competition is used to determine competitive equilibria in markets where predation is alleged. The model can show whether a competitive entry opportunity exists in the market where entry has occurred. This modelling approach is compared with a more conventional \"rule-of-reason\" approach used by the Office of Fair Trading and by the Monopolies and Mergers Commission to investigate predation in the town of Inverness, Scotland. (A)","PeriodicalId":47475,"journal":{"name":"Journal of Transport Economics and Policy","volume":"27 1","pages":""},"PeriodicalIF":0.9000,"publicationDate":"1993-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"17","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Transport Economics and Policy","FirstCategoryId":"5","ListUrlMain":"https://doi.org/10.4324/9780203985359-34","RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 17
Abstract
This paper is concerned with the identification of the predatory behaviour in the bus industry. An economic model of competition is used to determine competitive equilibria in markets where predation is alleged. The model can show whether a competitive entry opportunity exists in the market where entry has occurred. This modelling approach is compared with a more conventional "rule-of-reason" approach used by the Office of Fair Trading and by the Monopolies and Mergers Commission to investigate predation in the town of Inverness, Scotland. (A)
本文研究的是公共汽车行业掠夺性行为的识别问题。竞争的经济模型被用来确定市场中存在掠夺行为的竞争均衡。该模型可以显示在已经进入的市场中是否存在竞争性进入机会。这种建模方法与英国公平贸易局(Office of Fair Trading)和英国垄断与合并委员会(Monopolies and Mergers Commission)在调查苏格兰因弗内斯镇(Inverness)的掠夺性行为时采用的更为传统的“理性法则”(rule-of-reason)方法进行了比较。(一)
期刊介绍:
The Journal of Transport, Economics and Policy (JTEP) was first published over 40 years ago and quickly established itself as an essential source of information and debate on the economics of transport and its interface with transport policy. Today it continues to provide a much-needed focus for this specific area of transport research a single, accessible resource of international articles which also reflect the diverse nature of the current field. JTEP meets the challenge of innovation and change, regularly publishing the latest policy developments and their impact across the world.