Murakami, Hideki; Amano, Yoshihisa; Asahi, Ryota - In: Journal of Air Transport Management 44-45 (2015), pp. 25-33
airfare levels remained almost unchanged for at least four years after the first entry. The consumers' surplus increased …This paper analyzes the dynamic changes in carriers' airfares and outputs and computes the change in the consumers …' surplus year by year after new Japanese carriers entered thriving routes and started to compete with Japanese full …