Alderighi, Marco; Cento, Alessandro; Nijkamp, Peter; … - Tinbergen Institute - 2004
develop a model of airline competition, which accommodates various market structures, some of which include low-cost players … rest of Europe, our statistical modelling resu1ts confirm the conclusions of the theoretical model. Competition among FSCs … appears to affect the price levels of business and leisure segments asymmetrically. In contrast, competition with LCCs reduces …