Advances in Spatial Science

Congestion-Prone Services under Quality Competition

A Microeconomic Analysis

Authors: Moon, Dong-Joo

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About this book

This study presents new microeconomic analyses of congestion-prone services that comprise most private and public services at the final consumption stage. It accounts for two distinctive features of congestion-prone services: the discrepancy between capacity and throughput, and service quality competition. To accommodate these features, a series of new decision-making theorems for consumers and suppliers is developed. The resulting demand and cost functions incorporate service time as the variable that reflects congestion and service quality. In market equilibrium, interactions between consumers and firms endogenously determine the industrial organization type of each firm and thus allow the coexistence of multiple industrial organization types in the same market. Efficiency of resource allocation is assessed by applying two different criteria: service quality diversity throughout the market and Pareto optimality in each submarket.

About the authors

Dong-Joo Moon, Research Follow, Institute for Environment Planning, Graduate School of Environmental Studies, Seoul National University.
Awards of Honor: Hanguk Explosive Fellowship (Junior and Senior of undergraduate), General Mills Fellowship (3 years of Ph.D. program), Official commendation of the Prime Minister of the Korean Government for Research Project Development, Best Article of the Year 2007, Korean Society of Transportation.

Table of contents (15 chapters)

Table of contents (15 chapters)

Buy this book

eBook $189.00
price for USA in USD
  • ISBN 978-3-642-20189-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $249.99
price for USA in USD
  • ISBN 978-3-642-20188-2
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
Softcover $249.99
price for USA in USD
  • ISBN 978-3-642-44291-9
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
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Bibliographic Information

Bibliographic Information
Book Title
Congestion-Prone Services under Quality Competition
Book Subtitle
A Microeconomic Analysis
Authors
Series Title
Advances in Spatial Science
Copyright
2012
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer Berlin Heidelberg
eBook ISBN
978-3-642-20189-9
DOI
10.1007/978-3-642-20189-9
Hardcover ISBN
978-3-642-20188-2
Softcover ISBN
978-3-642-44291-9
Series ISSN
1430-9602
Edition Number
1
Number of Pages
XVIII, 426
Topics