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unbundling. The theory predicts that an airline’s fares should fall when it introduces a bag fee, but that the full trip price …
Persistent link: https://www.econbiz.de/10010877747
This paper investigates strategic interaction among airlines in product-quality choices. Using an instrumental … variables approach, the paper estimates flight-frequency reaction functions, which relate an airline’s frequency on a route to … its own characteristics and to the frequencies of competing airlines. A positive reaction function slope is found in some …
Persistent link: https://www.econbiz.de/10010877953
This paper offers the first formal economic analysis of carve-outs under airline antitrust im- munity. Carve-outs are designed to limit the potential anticompetitive effects of cooperation by alliance partners in hub-to-hub markets, where they provide overlapping nonstop service. While the paper...
Persistent link: https://www.econbiz.de/10008533998
features, and network structure, using a detailed and realistic theoretical model of competing duopoly airlines. These impacts …
Persistent link: https://www.econbiz.de/10005094276
-KLM and SkyTeam alliances into a single mega-alliance. The results of the analysis show that, although the airlines benefit …
Persistent link: https://www.econbiz.de/10005196317