Showing 1 - 10 of 217
This paper constructs an entry and code-sharing alliances game to demonstrate that the alliance between the incumbent carriers may play a significant role of entry deterrence in a given airline network. We show that incumbents can use the alliances as a credible threat to deter the entry of the...
Persistent link: https://www.econbiz.de/10010836108
The purpose of this article is to consider risk management in the airline industry using an economic model. An increase in the number of airlines can reduce the probability of passengers being unable to find substitutable flights, while it increases total entry costs. Thus, there is an optimal...
Persistent link: https://www.econbiz.de/10008562856
In this paper, I empirically examine the consumer behavior change in the case that the current vertically integrated Japanese mobile phone market was separated by employing the stated preference survey. As a hypothetical vertically separated situation, I assumed the introduction of contents...
Persistent link: https://www.econbiz.de/10008563124
airline deregulation into account. The results indicate that there is some evidence that profitability and the growth of load …
Persistent link: https://www.econbiz.de/10005110608
This paper constructs an entry and code-sharing alliances game to demonstrate that the alliance between the incumbent carriers may play a significant role of entry deterrence in a given airline network. We show that incumbents can use the alliances as a credible threat to deter the entry of the...
Persistent link: https://www.econbiz.de/10005767639
This paper provides estimates of the elasticities of demand for the Brazilian basic plan of local fixed telephony using a cointegration model. We find a long-run price elasticity of –0.24, and an income elasticity of 0.18. These figures are line with other countries' estimates.
Persistent link: https://www.econbiz.de/10005094709
Coupled with the early wave of privatization in the 80s of state-owned telecom enterprises, the reform trend in the telecom market has shifted toward the market liberalization since the 90s, resulting in extended multilateral negotiations on the introduction of competition into basic...
Persistent link: https://www.econbiz.de/10005094792
We develop methods for calculating profit-maximizing and socially optimal rates of partial refunds on customers' no-shows and cancellations. We demonstrate how partial refunds can be used to screen consumers according to their different probabilities of cancellation and no-shows. Finally, we...
Persistent link: https://www.econbiz.de/10005181841
Kang, Weisman, and Zhang (2000) demonstrated that, under a tighter price cap, consumer welfare increases with the independence of demands. Conversely, the tighter price cap may negatively impact consumer welfare in situations involving interdependent demands. This paper identifies an overlooked...
Persistent link: https://www.econbiz.de/10005190029
I derive Ramsey optimal prices in one-way access of long-distance operators and enhanced service providers to local loops. As long-distance services and enhanced services become substitutes due to the advance of Internet telephony, the Ramsey principle requires higher access charges assessed on...
Persistent link: https://www.econbiz.de/10005416859