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Persistent link: https://www.econbiz.de/10003498806
This paper provides the first analysis of the trade-off between convenient flight connections and airport congestion. A …
Persistent link: https://www.econbiz.de/10011334230
The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be … theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …, with the tolls being inversely related to a carrier s airport flight share. Internalization of airport congestion is the …
Persistent link: https://www.econbiz.de/10011410457
We examine how globalization affects trade patterns and welfare when conflict prevails domestically. We do so in a simple model of trade, in which a natural resource like oil is contested by competing groups using real resources (ʺgunsʺ). Thus, conflict is viewed as ultimately stemming from...
Persistent link: https://www.econbiz.de/10003113296
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/10003898830
This paper explores the effects of a European airline merger followed by a consolidation of two competing international alliances. The exercise has been inspired by the Air France-KLM merger, which is expected to spur consolidation of the Northwest-KLM and SkyTeam alliances into a single...
Persistent link: https://www.econbiz.de/10011402515