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Network planning models, which forecast the profitability of airline schedules, support many critical decisions …
Persistent link: https://www.econbiz.de/10012455950
Manufacturers of durable goods can encourage consumers facing transaction costs to upgrade by accepting used units as trade-ins. These "buyback schemes" increase demand for new units, but increase the supply of used units if trade-ins are resold. In this paper, I investigate the equilibrium...
Persistent link: https://www.econbiz.de/10013388853
analyzes and explores the viability of a potential cash-for-clunkers program for the airline industry, which would help to …
Persistent link: https://www.econbiz.de/10014512059
last decade. More than 30 years after domestic airline markets were deregulated, the dismal financial record is a puzzle …
Persistent link: https://www.econbiz.de/10012461914
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/10012465197
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/10012469062
. 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/10012473846
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/10012475215
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/10012453499
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 … whether to scrap and replace airplanes in their fleet and how to utilize and operate their fleet of aircraft. We model these …
Persistent link: https://www.econbiz.de/10012455850