Making hay while the sun shines

被引:2
作者
Szymanski, S [1 ]
机构
[1] LONDON BUSINESS SCH,CTR BUSINESS STRATEGY,LONDON NW1 4SA,ENGLAND
关键词
D O I
10.2307/2950556
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper analyses the pricing behaviour of cross channel ferry companies in the eight year period between awarding the Channel Tunnel franchise and the completion of the construction of the Tunnel. The ferry companies appear to have ''made hay'' by significantly increasing some published prices for car ferry journeys in real terms over the period. The paper presents a model of regulatory intervention which can account for increasing prices.
引用
收藏
页码:1 / 16
页数:16
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