Showing 1 - 10 of 132
-cat strategy. In other words, European airlines over-invest in capacities in order to be less aggressive. Moreover, we find that … airline industry using data for the period 1976–90. We perform a number of specification tests and reject a simple one …
Persistent link: https://www.econbiz.de/10005123777
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
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
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
models are used to explain empirical anomalies in the experience of the US airline market since deregulation. …
Persistent link: https://www.econbiz.de/10005661862
We consider an empirical model of worldwide airlines’ alliances that we apply to a large set of companies for the …
Persistent link: https://www.econbiz.de/10005666444
This paper addresses a number of questions which are essential to a proper understanding of the causes and effects of the inflationary process and to an assessment of the contribution of monetary policy to the achievement of long-term price stability. These questions are: (1) what are the...
Persistent link: https://www.econbiz.de/10005661822
Exploiting the Japanese banking crisis as a laboratory, we provide firm-level evidence on the real effects of bank bailouts. Government recapitalizations result in positive abnormal returns for the clients of recapitalized banks. After recapitalizations, banks extend larger loans to their...
Persistent link: https://www.econbiz.de/10005014571