Title: Imperfect competition and congestion in the City
Authors: de Palma, Andre ×
Proost, Stef #
Issue Date: Sep-2006
Publisher: Academic press inc elsevier science
Series Title: Journal of urban economics vol:60 issue:2 pages:185-209
Abstract: This paper presents a model to study the interplay of imperfect competition and congestion. Residents live in the city center while they shop and work in subcenters (shopping centers, airports, etc.). Each subcenter offers one differentiated product and one differentiated workplace. Shopping and commuting from the city center to the subcenter requires the use of transport infrastructure that can be congested. We derive the Nash equilibrium in prices and in wages and analyze the welfare impacts of congestion charging and infrastructure policies. We generalize the literature on imperfect competition with (spatially) differentiated products in the presence of (un) priced congestion. (c) 2005 Elsevier Inc. All rights reserved.
ISSN: 0094-1190
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Research Center of Energy, Transport and Environment, Leuven
× corresponding author
# (joint) last author

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