Competition In Transport And The Cross Elasticity
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21260%2F13%3A00209327" target="_blank" >RIV/68407700:21260/13:00209327 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Competition In Transport And The Cross Elasticity
Original language description
It holds in general that for a perfect competition the following four conditions must hold: perfect information of buyers and sellers, zero transaction costs of provider change, homogenous product and big number of suppliers. If we aim at the condition of a homogenous product, i.e. all sellers supply products of the same features, we find out that this condition can be fulfilled in practice only in a very limited number of cases like e.g. the market of primary raw materials. Then it is interesting to analyse, whether the rival products are substitutes. This question is solved by the so called cross elasticity. This topic is also aimed at in this paper that analyses the development of oil and fuel prices and studies their impact on the output of passenger rail transport. If we mention the cross elasticity, two goods A and B are compared that are either substitutes (i.e. mutually replaceable), complements (or additional goods) or there is no similar relation between them. The cross elast
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
Z - Vyzkumny zamer (s odkazem do CEZ)<br>S - Specificky vyzkum na vysokych skolach
Others
Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
TRANSBALTICA 2013 - 8th International Scientific Conference
ISBN
978-609-457-470-2
ISSN
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e-ISSN
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Number of pages
3
Pages from-to
87-89
Publisher name
Vilnius Gediminas Technical University
Place of publication
Vilnius
Event location
Vilnius
Event date
May 9, 2013
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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