An Empirical Analysis of Marketing Alliances Between Major US Airlines

The paper proposes an empirical framework with endogenous flight frequency and quantity decisions on an airline market. The framework is built around the hypothesis that passengers value not only the ticket price but also the cost of delay associated with an airline. At sample mean values, the cost of delay is estimated to account for 34% of the \$280 full price of a seat on a flight.

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Year of publication:	2000-08-01
Authors:	Richard, Oliver
Institutions:	Econometric Society

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Extent:	application/pdf
Series:	Econometric Society World Congress 2000 Contributed Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series Econometric Society World Congress 2000 Contributed Papers Number 1770
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005129701