Concept

Profit motive

Related publications (13)

Optimization and equilibrium problems with discrete choice models

Many transportation markets are characterized by oligopolistic competition. In these markets customers, suppliers and regulators make decisions that are influenced by the preferences and the decisions of all other agents. In particular, capturing and under ...

EPFL2022

Price-based regulation of oligopolistic markets under discrete choice models of demand

Michel Bierlaire, Virginie Janine Camille Lurkin, Stefano Bortolomiol

We propose a framework to find optimal price-based policies to regulate markets characterized by oligopolistic competition and in which consumers make a discrete choice among a finite set of alternatives. The framework accommodates general discrete choice ...

2021

Price-based regulation of oligopolistic markets under discrete choice models of demand

Michel Bierlaire, Virginie Janine Camille Lurkin, Stefano Bortolomiol

We propose a framework to find optimal price-based policies to regulate markets characterized by oligopolistic competition and in which consumers make a discrete choice among a finite set of alternatives. With this framework, we can include general discret ...

EPFL2021

To pool or not to pool: Equilibrium, pricing and regulation

Kenan Zhang

We study a transportation network company (TNC) that offers on-demand solo and pooling e-hail services in an aggregate mobility service market, while competing with transit for passengers. The market equilibrium is established based on a spatial driver–pas ...

2021

A demand-based optimization approach to find market equilibria in oligopolies

Stefano Bortolomiol

Oligopolistic competition occurs often in transportation as well as in other markets due to reasons such as barriers to entry, limited capacity of the infrastructure and external regulations. In transport oligopolies, suppliers are profit maximizers and ta ...

2019

On the use of reservation-based autonomous vehicles for demand management

Nikolaos Geroliminis, Raphael Ali Francis Lamotte

Automated mobility on demand is foreseen as the future of urban passenger mobility. While mixed-traffic for autonomous and conventional vehicles could be considered, separation amplifies the benefits of automation. Combined with mobility as a service, sepa ...

2017

Coupled energy economic model framework for analyzing Swiss electricity markets in changing policy environments

Sophie Maire

Energy policy needs to rely on the proper understanding of the interactions between policy instruments, consumer preferences, investment behavior, market structure, electricity supply, and the wider policy environment. This asks for appropriate modeling to ...

EPFL2016

Institutions, Innovation and Public Health

Viviana Carolina Munoz Tellez de Kieffer

This study concerns the economics of innovation in the area of medical innovation -new diagnostics, medicines and vaccines-, and in particular how innovation contributes to meeting public health needs. Significant advances have taken place in medical scien ...

EPFL2015

Linking electricity prices and costs in bottom-up top-down coupling under changing market environments

Frank Vöhringer, Sophie Maire

Energy market liberalization is changing pricing mechanisms for wholesale electricity. This work shows that it is essential to appreciate and mirror these changes in the modeling of electricity markets for policy assessment. We develop a framework composed ...

2014

A Multidimensional Decisions Modelling Framework for Built Space Supply

Bilal Farooq

The spatial and temporal distribution of built space supply plays an important role in shaping urban form and thus the general travel pattern in an urban area. Within an integrated framework, we are interested in modeling the decisions of a builder in term ...

2013

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