Similar Search Results

An Economic Study of U.S. Aircraft Hijacking, 1960-1976

Landes, William M. - 1977

This study attempts to explain the general pattern of aircraft hijacking in the U.S. between 1361 and 1976, the reasons for the dramatic reduction in hijackings after 1972, and the costs and benefits of regulation instituted in 1973 that required mandatory preboarding searches of all passengers...

Persistent link: https://www.econbiz.de/10012478925

On the Persistent Financial Losses of U.S. Airlines : A Preliminary Exploration

Borenstein, Severin - 2011

U.S. airlines have lost nearly $60 billion (2009 dollars) in domestic markets since deregulation, most of it in the last decade. More than 30 years after domestic airline markets were deregulated, the dismal financial record is a puzzle that challenges the economics of deregulation. I examine...

Persistent link: https://www.econbiz.de/10012461914

Testing Theories of Scarcity Pricing in the Airline Industry

Puller, Steven L. - 2009

same two airports. We investigate questions that are fundamentally different from those in the existing literature on …

Persistent link: https://www.econbiz.de/10012463094

Valuing a Homeland Security Policy : Countermeasures for the Threats from Shoulder Mounted Missiles

Smith, V. Kerry - 2008

This paper reports estimates for the ex ante tradeoffs for three specific homeland security policies that all address a terrorist attack on commercial aircraft with shoulder mounted missiles. Our analysis focuses on the willingness to pay for anti-missile laser jamming countermeasures mounted on...

Persistent link: https://www.econbiz.de/10012464323

How Airline Markets Work...Or Do They? Regulatory Reform in the Airline Industry

Borenstein, Severin - 2007

Following a brief review of the U.S. domestic airline industry under regulation (1938-1978), we study the changes that have occurred in pricing, service, and competition in the 28 years since deregulation. We then examine some of the major public policy issues facing the industry: (a) the...

Persistent link: https://www.econbiz.de/10012465197

Airline Schedule Recovery after Airport Closures : Empirical Evidence Since September 11th

Rupp, Nicholas G. - 2003

airports that have been closed for security reasons. As such, this is the first study to examine service quality during …, seating capacity and shutdown severity, significantly predict outcomes of flights scheduled after airports reopen. Given the …

Persistent link: https://www.econbiz.de/10012468954

Do Airline Bankruptcies Reduce Air Service?

Borenstein, Severin - 2003

find substantial effects of bankruptcy on flights offered or destinations served at large and small airports, but do find … an impact at medium sized airports. We estimate, however, that service changes due to bankruptcy are not large in … comparison to typical quarter-to-quarter fluctuations in service that occur at airports in the absence of carrier bankruptcies …

Persistent link: https://www.econbiz.de/10012469062

Network Effects, Congestion Externalities, and Air Traffic Delays : Or Why All Delays Are Not Evil

Mayer, Christopher - 2002

airports operate with minimal additional travel time by avoiding the congested peak connecting times of the hub carrier. These …

Persistent link: https://www.econbiz.de/10012470014

Do Airlines in Chapter 11 Harm Their Rivals? Bankruptcy and Pricing Behavior in U.S. Airline Markets

Borenstein, Severin - 1995

The behavior of firms in financial distress has attracted considerable academic and policy interest in recent years. The turmoil in the U.S. airline industry has triggered much of the public policy discussion, as some observers have argued that airlines in financial distress, particularly those...

Persistent link: https://www.econbiz.de/10012473846

The Structure of Production, Technical Change and Efficiency in a Multiproduct Industry : An Application to U.S. Airlines

Good, David H. - 1991

In this paper we construct a short run model of the firm describing the behavior of thirteen U.S. airlines during the difficult transition to deregulation. Several modeling scenarios are developed to assess three common assumptions in cost studies: the use of time as a proxy for technological...

Persistent link: https://www.econbiz.de/10012475045