Scipediacontent: Scipediacontent moved page Draft Content 424953726 to Sato Chen 2018a

2021-02-12T13:21:48Z

Scipediacontent moved page Draft Content 424953726 to Sato Chen 2018a

Scipediacontent: Created page with " == 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 lo..."

2021-02-12T13:21:45Z

Created page with " == 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 lo..."

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== 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 each choice is not only a function of the price but also the service quality, such as the total trip time, frequency of service, and ease of connecting from the hub to a nearby HSR station. As a result, the following findings are presented. First, regardless of the service quality of either sector and the non-purchase option, cooperation decreases the total volume of the domestic market of a country. Second, when the attractiveness of the outside option is high, the HSR and air sectors can prevent a large reduction in the total volume by cooperation in the connecting market. However, this is not the case in the domestic market. Third, if the non-purchase quality in the domestic market is high, then cooperation increases the social welfare of the whole market. If the non-purchase quality is low, then cooperation increases the welfare of the whole market only in cases where the number of potential customers in the connecting market is relatively large. We also show the effect of improving air–rail service quality on each market share and on the total profit.

Document type: Article

== Full document ==
<pdf>Media:Draft_Content_424953726-beopen325-2626-document.pdf</pdf>

== Original document ==

The different versions of the original document can be found in:

* [https://link.springer.com/content/pdf/10.1007/s40534-018-0172-z.pdf https://link.springer.com/content/pdf/10.1007/s40534-018-0172-z.pdf] under the license https://creativecommons.org/licenses/by

* [http://link.springer.com/article/10.1007/s40534-018-0172-z http://link.springer.com/article/10.1007/s40534-018-0172-z],
: [https://doaj.org/toc/2095-087X https://doaj.org/toc/2095-087X],
: [https://doaj.org/toc/2196-0577 https://doaj.org/toc/2196-0577] under the license cc-by

* [http://link.springer.com/article/10.1007/s40534-018-0172-z/fulltext.html http://link.springer.com/article/10.1007/s40534-018-0172-z/fulltext.html],
: [http://link.springer.com/content/pdf/10.1007/s40534-018-0172-z.pdf http://link.springer.com/content/pdf/10.1007/s40534-018-0172-z.pdf],
: [http://dx.doi.org/10.1007/s40534-018-0172-z http://dx.doi.org/10.1007/s40534-018-0172-z]

* [https://link.springer.com/article/10.1007/s40534-018-0172-z https://link.springer.com/article/10.1007/s40534-018-0172-z],
: [https://link.springer.com/content/pdf/10.1007%2Fs40534-018-0172-z.pdf https://link.springer.com/content/pdf/10.1007%2Fs40534-018-0172-z.pdf],
: [https://link.springer.com/article/10.1007/s40534-018-0172-z/fulltext.html https://link.springer.com/article/10.1007/s40534-018-0172-z/fulltext.html],
: [https://academic.microsoft.com/#/detail/2891060769 https://academic.microsoft.com/#/detail/2891060769] under the license https://creativecommons.org/licenses/by/4.0

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Scipediacontent: Scipediacontent moved page Draft Content 424953726 to Sato Chen 2018a

Scipediacontent: Created page with " == 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 lo..."