Applications of transport economics and imperfect competition

Emile Quinet and David Meunier ()
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Emile Quinet: PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique
David Meunier: LVMT - Laboratoire Ville, Mobilité, Transport - IFSTTAR - Institut Français des Sciences et Technologies des Transports, de l'Aménagement et des Réseaux - UPEM - Université Paris-Est Marne-la-Vallée - ENPC - École nationale des ponts et chaussées

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Abstract: The great majority of analyses made in transport economics use, explicitly or, more often, implicitly, the common assumption of perfect competition. This is the case, for instance, when infrastructure projects are evaluated using the mere sum of the surpluses of transport users and providers. Even when putting aside the question of externalities such as noise, safety or environmental quality, the real chain of economic interactions that takes place in transport provision or downstream of transport provision is not taken into account. Surely enough, describing and simulating this chain could be quite complex. Nevertheless, it is not uninteresting to try to estimate if it does make a big difference or not to make this approximation. The paper makes such an attempt for two broad kinds of applications of transport economics: Transport pricing and Project assessment.

Keywords: Imperfect competition; Pricing; Assessment; Project; Market imperfection; Market power; Rail; Cost pass-through; Downstream pricing (search for similar items in EconPapers)
Date: 2012-09
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Citations: View citations in EconPapers (9)

Published in Research in Transportation Economics, 2012, 36 (1), pp.19-29. ⟨10.1016/j.retrec.2012.03.010⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00754577

DOI: 10.1016/j.retrec.2012.03.010

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