Hendricks, Ken; Piccione, Michele; Tan, Guofu - In: Review of Economic Studies 62 (1995) 1, pp. 83-99
The authors study the optimization problem of an unregulated air carrier that is given the exclusive right to satisfy demand for air travel between any pair of cities. It chooses a network of connections and a set of prices to maximize profits. Thus, both network design and prices are...