Showing 1 - 10 of 105
growing congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may … model of airport pricing that captures a number of these features. The model in particular reflects (1) that airlines … typically have market power and are engaged in oligopolistic competition at different sub-markets; (2) that part of external …
Persistent link: https://www.econbiz.de/10011255935
congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive … pricing that captures a number of these features. The model in particular reflects (1) that airlines typically have market … power and are engaged in oligopolistic competition at different sub-markets; (2) that part of external travel delays that …
Persistent link: https://www.econbiz.de/10005137232
taking into account competition between multiple privatized transport operator types. The operators, including high …-speed rail, hub and spoke legacy airlines and low cost carriers, maximize profit functions via prices, frequency and train …
Persistent link: https://www.econbiz.de/10005137318
taking into account competition between multiple privatized transport operator types. The operators, including high …-speed rail, hub and spoke legacy airlines and low cost carriers, maximize profit functions via prices, frequency and train …
Persistent link: https://www.econbiz.de/10011257086
This paper analyzes the relative economic power position of home carriers in hub-and-spoke systems. Hub-and-spoke systems may lower costs on densely traveled routes and enable economically viable operations on less densely traveled routes. The reverse side is probably that carriers enjoy...
Persistent link: https://www.econbiz.de/10005144462
This paper analyzes the relative economic power position of home carriers in hub-and-spoke systems. Hub-and-spoke systems may lower costs on densely traveled routes and enable economically viable operations on less densely traveled routes. The reverse side is probably that carriers enjoy...
Persistent link: https://www.econbiz.de/10011257495
In this paper we want to analyze the internal divisional structure within an organi-
Persistent link: https://www.econbiz.de/10004987449
We model a firm in an institutional market setting, consisting of a production technology and its governance. The governance consists of a hierarchical firm structure, a cost efficiency parameter,and an internal pay system. The depth of the firm is determined by profit maximization under the...
Persistent link: https://www.econbiz.de/10005137339
We model a firm in an institutional market setting, consisting of a production technology and its governance. The governance consists of a hierarchical firm structure, a cost efficiency parameter,and an internal pay system. The depth of the firm is determined by profit maximization under the...
Persistent link: https://www.econbiz.de/10011257470
In this paper we want to analyze the internal divisional structure within an organi-zation in the framework of incomplete contract theory. We use the framework of Aghionand Tirole (1997) and define the managerial control structure as "sequence of search".A key feature of this paper which...
Persistent link: https://www.econbiz.de/10011257483