Showing 1 - 10 of 326
Airline transport generates a growing share of global greenhouse gas emissions but as of late 2016, this sector has not … have invested in human and physical capital and an inventory of parts to maintain these vehicles. Each airline chooses …
Persistent link: https://www.econbiz.de/10012979351
This paper focuses on how changes in the economic and regulatory environment have affected production costs and product …
Persistent link: https://www.econbiz.de/10013240320
We use data from a sample of day care centers to estimate the relationships between cost and the quality of the child care service provided, and between revenue and quality. We use a measure of child care quality derived from an instrument designed by developmental psychologists. This measure of...
Persistent link: https://www.econbiz.de/10013210587
last decade. More than 30 years after domestic airline markets were deregulated, the dismal financial record is a puzzle …, analysts, and researchers -- including high taxes and fuel costs, weak demand, and competition from lower-cost airlines …. Descriptive statistics suggest that high taxes have been at most a minor factor and fuel costs shocks played a role only in the …
Persistent link: https://www.econbiz.de/10013130786
Following a brief review of the U.S. domestic airline industry under regulation (1938-1978), we study the changes that … public policy issues facing the industry: (a) the sustainability of competition and volatility of airline profits, (b …
Persistent link: https://www.econbiz.de/10012775910
costs to a potential entrant by setting prices below monopoly levels. The model has a unique Markov Perfect Bayesian …
Persistent link: https://www.econbiz.de/10013050311
We estimate a model of service choice and price competition in airline markets, allowing for the carriers that provide …
Persistent link: https://www.econbiz.de/10012929582
. The turmoil in the U.S. airline industry has triggered much of the public policy discussion, as some observers have argued … and their rivals. The data suggest that an airline's prices typically decline somewhat before it files for bankruptcy … bankrupt airline lower their prices, however, nor that they lose passengers to their bankrupt rival. These results indicate …
Persistent link: https://www.econbiz.de/10013232906
The airline industry's current financial crisis has raised concerns over the ramifications of airline bankruptcies for … air service offered, not the number of flights offered by a particular airline. We study all major U.S. airline … recognizing that competing airlines may increase service in response to a reduction in flights by a bankrupt airline. We do not …
Persistent link: https://www.econbiz.de/10013230365
This papers analyzes dispersion in the prices that an airline charges to different customers on the same route. Such … variation in airlines fares is substantial: the expected absolute difference in fares between two of an airline's passengers on … a route averages thirty-six percent of the airline's average ticket price on the route. The pattern of price dispersion …
Persistent link: https://www.econbiz.de/10013229357