Definition of Relevant Market in Rail Transportation on the Route Prague - Košice using consumer survey
|Author:||Mgr. Zuzana Juhásová|
|Year:||2016 - summer|
|Leaders:|| PhDr. Pavel Vacek Ph.D.
|Work type:|| Finance, Financial Markets and Banking
|Awards and prizes:|
|Abstract:||The aim of the thesis is to define the relevant market in railway transportation on the route
Prague - Košice. In the theoretical part we describe the concept of relevant market, its use and
importance for competition policy. We explain methods used for defining the relevant market
and focus on the SSNIP test and its practical application, critical loss analysis. In the
empirical part we conduct a consumer survey among passenger on the route Prague - Košice
and use its results to compute elasticity of demand for rail transportation on the route Prague -
Košice and then we perform critical loss analysis.