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degree of competition on the route and airport. We control for weather, congestion, date, and characteristics of the airport … delay occurrence. Hence, larger airlines seem to offer a higher quality in terms of delays. We also find that an origin … airport with less competition may lead to more delays. Surprisingly, a less competitive route may reduce delays. …
Persistent link: https://www.econbiz.de/10011739415
airlines, the merger is less detrimental to the frequency, possibly because the merger removes serial marginalization in the … mergers depend on a lagged variable measuring the current market structure. On routes with stronger competition, mergers … decrease the frequency more, possibly due to a larger effect on the market structure. When the merging airlines control all the …
Persistent link: https://www.econbiz.de/10011715887
We analyze the phenomenon of hub dominance by developing a model relating faresto distance, using the mainleg of intercontinental flights for scaling purposes. Our results indicate thatat least some of the major Europeancarriers place a mark up on flights originating from or going to their hubs.
Persistent link: https://www.econbiz.de/10011303861
frequency, passenger connecting costs, airline endogenous hub location and route structure strategic competition. We find that …
Persistent link: https://www.econbiz.de/10010225784
We posit and empirically test the hypothesis that airlines are able to charge a fare premium in markets that originate … demonstrate that airlines have substantial domestic market power, enabling them to raise fares at their domestic airports … determinant of the degree of market power that airlines can exert in the international airline industry. …
Persistent link: https://www.econbiz.de/10011583706
Network shares and retail prices are not symmetric in the telecommunications market with multiple bottlenecks which give rise to new questions of access fee regulation. In this paper we consider a model with two types of asymmetry arising from different entry timing, i.e. a larger reputation for...
Persistent link: https://www.econbiz.de/10011346476
taking into account competition between multiple privatized transport operator types. The operators, including high …-speed rail, hub and spoke legacy airlines and low cost carriers, maximize profit functions via prices, frequency and train …
Persistent link: https://www.econbiz.de/10011377255
pricing that captures a number of these features. The model in particular reflects (1) that airlines typically have market … power and are engaged in oligopolistic competition at different sub-markets; (2) that part of external travel delays that …
Persistent link: https://www.econbiz.de/10011334350
Frequent Flier Programs (FFPs) are said to impact airline consumer behaviour such that revenue of sponsoring airlines …
Persistent link: https://www.econbiz.de/10010510073
We examine the impact of airline codesharing on consumer choice behavior in non-stop international route markets. Using stated preference data, we document that consumer valuation of flights by alien foreign carriers is significantly higher if these flights are offered as codeshare products by...
Persistent link: https://www.econbiz.de/10011916498