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We estimate a model of service choice and price competition in airline markets, allowing for the carriers that provide nonstop service to be a selected subset of the carriers competing in the market. Our model can be estimated without an excessive computational burden and we use the estimated...
Persistent link: https://www.econbiz.de/10012453499
becomes a potential entrant into airport-pair route markets, and we also calibrate our model to show that it can generate the …
Persistent link: https://www.econbiz.de/10012458374