Showing 1 - 10 of 302
Persistent link: https://www.econbiz.de/10003379804
Convenient scheduling, characterized by adequate flight frequency, is the main quality attribute for airline services …. However, the effect of airline alliances on this important dimension of service quality has received almost no attention in … delay and connecting layover time. While an alliance raises service quality when layover time has zero cost, the reverse …
Persistent link: https://www.econbiz.de/10011900765
' behavior and firms' incentives to upgrade product quality in markets where information is traditionally limited. I first build … a model of consumer search with firms' endogenous quality decisions. In this model, lower search costs reallocate demand … toward higher-quality producers, raising firms' incentives to upgrade quality, and more so for firms selling ex-ante lower-quality …
Persistent link: https://www.econbiz.de/10013285520
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 airlineś fares should fall when it introduces a bag fee, but that the full trip price …
Persistent link: https://www.econbiz.de/10009793154
We investigate whether legacy U.S. airlines communicated via earnings calls to coordinate with other legacy airlines in … among airlines about their capacity choices. Estimates from our preferred specification show that when all legacy airlines … reduction materializes only when airlines communicate concurrently, and that it cannot be explained by other possibilities …
Persistent link: https://www.econbiz.de/10012171806
We show that the main claim in Dennis, Gerardi, and Schenone (JF forthcoming) (DGS), namely "that the documented positive correlation between common ownership and ticket prices stems from the market share component of the common ownership measure, and not the ownership and control components,"...
Persistent link: https://www.econbiz.de/10013365382
Airline fuel consumption is costly for the firms and for society as well due to a climate-change externality. We study … how fuel price changes affect cost-minimizing choices by airlines that have implications for the extent of this … externality. The airline industry's capital stock can be easily inventoried as a set of long-lived, durable aircraft. This …
Persistent link: https://www.econbiz.de/10014289750
principal is replaced by another over this period. Suppose also that the quality of the agent appointed increases with the … effort the incumbent principal devotes to hiring. Then the quality of the appointment may increase with the length of the …
Persistent link: https://www.econbiz.de/10009786719
Using annual data on individual US airlines over the 1995-2015 period, this paper presents regression results relating … 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 …
Persistent link: https://www.econbiz.de/10011518130
theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …
Persistent link: https://www.econbiz.de/10011410457