Competition In Transport And The Cross Elasticity

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Competition In Transport And The Cross Elasticity

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

Competition In Transport And The Cross Elasticity

Popis výsledku anglicky

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

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

Z - Vyzkumny zamer (s odkazem do CEZ)<br>S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

TRANSBALTICA 2013 - 8th International Scientific Conference

ISBN

978-609-457-470-2

ISSN

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e-ISSN

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Počet stran výsledku

3

Strana od-do

87-89

Název nakladatele

Vilnius Gediminas Technical University

Místo vydání

Vilnius

Místo konání akce

Vilnius

Datum konání akce

9. 5. 2013

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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