Showing 1 - 10 of 1,599
airline alliances. We show that the gains from economies of density due to higher interline traffic under the alliance … airline alliance subject to a carve-out …
Persistent link: https://www.econbiz.de/10013119837
This paper offers the first formal economic analysis of carve-outs under airline antitrust im- munity. Carve-outs are …
Persistent link: https://www.econbiz.de/10013154266
profit. Setting up a model that allows for profitable and loss-making affiliates of multinationals, we show that profit … equilibrium, affiliates might over-invest and the bunching-related investment effects generate a tendency for too high profit …
Persistent link: https://www.econbiz.de/10012921411
This paper provides theory and evidence on airline bag fees, offering insights into a real-world case of product … 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/10013315715
This paper explores the impact of airport noise regulation on airline service quality and airfares. It also …
Persistent link: https://www.econbiz.de/10013317378
an airline's total fuel usage to seven variables: the available ton miles of capacity (passengers plus freight and mail …) provided by the airline; the average seat capacity of its aircraft, average stage length (flight distance); average load factor … (measured by weight); the average vintage (construction year) of its aircraft; the percentage of the airline's flights that are …
Persistent link: https://www.econbiz.de/10012982466
Contrary to the central prediction of signaling models, changes in profits do not empirically follow changes in dividends. We show both theoretically and empirically that dividends signal safer, rather than higher, future profits. Using the Campbell (1991) decomposition, we are able to estimate...
Persistent link: https://www.econbiz.de/10012930075
variables approach, the paper estimates flight-frequency reaction functions, which relate an airline's frequency on a route to …
Persistent link: https://www.econbiz.de/10013088139
This paper presents a simple model of airline schedule competition that circumvents the complexities of the spatial …
Persistent link: https://www.econbiz.de/10012778443
The goal of this paper is to bring some unity to the theoretical side of the debate on internalization of airport congestion by showing that all the literature's theoretical results can be derived within one simple and unified framework. The analysis starts by replicating the results of...
Persistent link: https://www.econbiz.de/10012776625