Showing 1 - 10 of 139
In this paper, we investigate empirically the effect of two recent domestic airline alliances. We find that both …
Persistent link: https://www.econbiz.de/10012470529
. The turmoil in the U.S. airline industry has triggered much of the public policy discussion, as some observers have argued … and their rivals. The data suggest that an airline's prices typically decline somewhat before it files for bankruptcy … bankrupt airline lower their prices, however, nor that they lose passengers to their bankrupt rival. These results indicate …
Persistent link: https://www.econbiz.de/10012473846
This papers analyzes dispersion in the prices that an airline charges to different customers on the same route. Such … variation in airlines fares is substantial: the expected absolute difference in fares between two of an airline's passengers on … a route averages thirty-six percent of the airline's average ticket price on the route. The pattern of price dispersion …
Persistent link: https://www.econbiz.de/10012475215
Increasing evidence indicates the importance of management in determining firms' productivity. Yet, causal evidence regarding the effectiveness of management practices is scarce, especially for high-skilled workers in the developed world. In an eight-month field experiment measuring the...
Persistent link: https://www.econbiz.de/10012479572
of HSR leads to significant reductions in the mean and variance of travel delays on the affected airline routes. Second …
Persistent link: https://www.econbiz.de/10012481330
take advantage of a quasi-experiment - the introduction of new routes by a low-cost airline - to test the predictions of … the theory. Results show that travel costs constitute an important friction to collaboration: after a low-cost airline …
Persistent link: https://www.econbiz.de/10012452941
We estimate a model of service choice and price competition in airline markets, allowing for the carriers that provide …
Persistent link: https://www.econbiz.de/10012453499
We study how organizational boundaries affect pricing decisions using comprehensive data from a large U.S. airline. We …
Persistent link: https://www.econbiz.de/10012696417
technologically older, vintage capital in the airline industry. Using a panel of aircraft-level data around the world, we find that …
Persistent link: https://www.econbiz.de/10012462916
Do bankrupt firms impose negative externalities on their non-bankrupt competitors? We propose and analyze a collateral channel in which a firm's bankruptcy reduces collateral values of other industry participants, thereby increasing the cost of external debt finance industry wide. To identify...
Persistent link: https://www.econbiz.de/10012462944