Friebel, Guido; Niffka, Marko - In: Review of Network Economics 8 (2009) 2, pp. 189-211
We investigate the entry of low-cost airlines (LCAs) in the German market. The strong competitive pressure of LCAs forced incumbent air and rail operators to reconsider their pricing strategy. Lufthansa reacted by a drastic cut of all prices for all intra-German origin and destinations (O&Ds)....
