Analysis of high-speed rail and airline transport cooperation in presence of non-purchase option
Abstract We study cooperation between the airline and high-speed rail (HSR) sectors by formulating their joint profit as a maximization problem using a multinomial logit choice model in a three-node setting. We allow the non-purchase option as an outside option available to consumers. The demand for...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
SpringerOpen
2018-09-01
|
| Series: | Journal of Modern Transportation |
| Subjects: | |
| Online Access: | http://link.springer.com/article/10.1007/s40534-018-0172-z |