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The paper develops a numerical simulation model to assess the possible consequences of competition on inter-Scandinavian air routes, using the Oslo-Stockholm route as a case. In the model, demand for air transportation depends on the price and frequency, reflecting consumer preferences for...
Persistent link: https://www.econbiz.de/10005656207
Non-contractible quality dimensions are at risk of degradation when the provision of public services is privatized …. However, privatization may increase quality by fostering performance-improving innovation, particularly if combined with … opening to private provision affected mortality rates – an important and not easily contractible quality dimension – using a …
Persistent link: https://www.econbiz.de/10011084097
In the past four years, and under pressure from the EC authorities, most constraints on air transport prices in the European Community have been removed. This paper concentrates on the effects of increased competition on fare behaviour. It uses an unpublished 1990 dataset on eight fare...
Persistent link: https://www.econbiz.de/10005661899
exports. Furthermore, empirical tests on the world airline industry elicit the existence of one particular path – an enhanced …
Persistent link: https://www.econbiz.de/10005662088
efficiency, taking into account the regulatory changes that have affected the European airline industry. We construct and …-reducing effort. Using a non-nested test and observations on the largest European airlines between 1985 and 1999, we show the …
Persistent link: https://www.econbiz.de/10005667136
airline industry using data for the period 1976–90. We perform a number of specification tests and reject a simple one …-cat strategy. In other words, European airlines over-invest in capacities in order to be less aggressive. Moreover, we find that …
Persistent link: https://www.econbiz.de/10005123777
regime between airlines and whether airports can price discriminate: airline concentration reduces the landing fee when … joint ownership of airports? Does airline countervailing power stop airports raising fees? Should airports be prohibited, as … an EU directive intends, from charging differential prices to airlines? Our major findings are: (a) an increase in …
Persistent link: https://www.econbiz.de/10008854469
Motivated by the higher price sensitivity and service homogenisation in the airline industry in recent years, we …. The assumption that airlines compete on price allows us to take advantage of the observational equivalence between … auctions, to recover the distributional characteristics of air fares using a sample of airline tickets from the US domestic …
Persistent link: https://www.econbiz.de/10011165655
models are used to explain empirical anomalies in the experience of the US airline market since deregulation. …One of the main aims of the deregulation of previously heavily regulated markets is to diminish artificial barriers to …
Persistent link: https://www.econbiz.de/10005661862
This is an extensive survey of worldwide developments in the area of monetary policymaking institutions during the second half of the twentieth century and beyond. In addition the last section discusses current open issues and future challenges. Section 2 reviews the changes that have occurred...
Persistent link: https://www.econbiz.de/10005666788