Structure, conduct, and performance approach of the Public Transportation Industry

In this paper, I will analyze the structure, conduct, and performance approach of the Public Transportation Industry in general and then concentrate on the local (regional) aspect and talk about SEPTA. Before I go in-depth, I will briefly tell you what I am planning to achieve in my discussion. For structure, I will talk mainly about the number of firms, concentration, entry barriers, product differentiation and changes in demand. For conduct, I will mainly focus …

…and still maintain large market share existence of overall commuters. I have related SEPTA's behavior and performance to local Public Transportation Industry's structure well, and I believe that the material learned in class and in textbook helped me understand economical reasons why a firm would "apply" price discrimination. References: ·http://www.ti.org/vaupdate27.html ·http://www.septa.org ·http://www.publicpurpose.com/ut-jtw2000metro.htm ·http://www.msu.edu/course/eep/201/case-book/9cb201.html