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@article{2371518, author = {Fitzová, Hana and Kališ, Richard and Pařil, Vilém and Fila, Milan}, article_location = {Oxford (England)}, article_number = {April}, doi = {http://dx.doi.org/10.1016/j.tranpol.2024.02.010}, keywords = {Bike-sharing; entry; competition; market structure; market expansion}, language = {cze}, issn = {0967-070X}, journal = {Transport Policy}, note = {accepted for publication}, title = {Entry and competition in the European bike-sharing industry}, url = {https://www.sciencedirect.com/science/article/pii/S0967070X24000465?via%3Dihub}, volume = {149}, year = {2024} }
TY - JOUR ID - 2371518 AU - Fitzová, Hana - Kališ, Richard - Pařil, Vilém - Fila, Milan PY - 2024 TI - Entry and competition in the European bike-sharing industry JF - Transport Policy VL - 149 IS - April SP - 100-107 EP - 100-107 PB - Elsevier SN - 0967070X N1 - accepted for publication KW - Bike-sharing KW - entry KW - competition KW - market structure KW - market expansion UR - https://www.sciencedirect.com/science/article/pii/S0967070X24000465?via%3Dihub N2 - Assessments of the bike-sharing industry traditionally focus on its effects on other markets, municipalities, or general well-being. This paper deviates from this on how the market is or-ganised. Using information on the aggregate number of firms in cities and greater cities across Europe, we found non-proportional changes in market size with respect to changes in market structure. This is crucial information inferring changes in profits, costs, or degree of product differentiation. To distinguish between these three sources, we utilised additional firm-level data on capacity and type of service provided. Our results suggest that the non-proportional increase in market size after an entry is most likely associated with increased intensity of com-petition and new forms of offered services, i.e. product differentiation. We did not find evi-dence that newcomers have been entering with substantially larger capacities per capita com-pared to incumbents. From a policy perspective, entry into the bike-sharing industry has bene-fited consumers through market expansion and caused a potential decrease in profits. ER -
FITZOVÁ, Hana, Richard KALIŠ, Vilém PAŘIL and Milan FILA. Entry and competition in the European bike-sharing industry. \textit{Transport Policy}. Oxford (England): Elsevier, 2024, vol.~149, April, p.~100-107. ISSN~0967-070X. Available from: https://dx.doi.org/10.1016/j.tranpol.2024.02.010.
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