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 …

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 …

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 …