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Title:Market Choice, Entry Regulation and Joint Production
Authors:Wesley Wilson
Publication Date:Sep 1991
Report #:SP-81
TRID #:01842809
Keywords:choice models, decision making, freight transportation, markets, motor carriers, regulation
Type:Research Report – Staff Papers

 

Abstract

Firms can jointly serve multiple markets in a set and can serve one of several mutually exclusive sets. Firms choose the set and the particular markets of the set in which to produce. Entry regulation influences these decisions by restricting access to some but not all markets. Entry restrictions directly affect the regulated market but also spill over to other markets in the same and different sets of markets.

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