This paper studies inter- and intramodal competition in the London-Paris passenger market. Using revealed preference data, we estimate nested and mixed multinomial logit models to examine passenger behaviour in the London-Paris market. We present a case study on the relocation of Eurostar services from Waterloo International to St Pancras International station. The results show that competition is present in this market. Demand is elastic, and passengers are heterogeneous in their valuation of fares and accessibility. Aviation and high-speed rail are homogenous in unobserved effects. The large market share of the Eurostar and the withdrawal of aviation alternatives indicate that competition will decline in the long-run. Classification-JEL: R40, R41 Keywords: inter- and intramodal competition, nested logit, mixed logit, aviation, rail File-Url: https://papers.tinbergen.nl/09051.pdf File-Format: application/pdf File-Size: 613358 bytes Handle: RePEc:tin:wpaper:20090051