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This paper studies inter- and intramodal competition in the London-Paris passenger market. Using revealed preference data, we estimate nested and mixed multinomial logit models to examine passenger behaviour in the London-Paris market. We present a case study on the relocation of Eurostar...
Persistent link: https://www.econbiz.de/10010325718
This paper studies inter- and intramodal competition in the London-Paris passenger market. Using revealed preference data, we estimate nested and mixed multinomial logit models to examine passenger behaviour in the London-Paris market. We present a case study on the relocation of Eurostar...
Persistent link: https://www.econbiz.de/10011378323
Persistent link: https://www.econbiz.de/10012060368
We posit and empirically test the hypothesis that airlines are able to charge a fare premium in markets that originate in their domestic country relative to similar markets that originate in foreign countries. To this end, we focus on intercontinental one-stop air travel trips for which the...
Persistent link: https://www.econbiz.de/10011583706
We develop a method to measure the intensity of competition between firms. Our method, which we call the Best Response Measure (BRM), is related to the conduct parameter method, but avoids the main problems associated with that method. The BRM relies on a very general framework and limited data...
Persistent link: https://www.econbiz.de/10011284843
We examine the impact of airline codesharing on consumer choice behavior in non-stop international route markets. Using stated preference data, we document that consumer valuation of flights by alien foreign carriers is significantly higher if these flights are offered as codeshare products by...
Persistent link: https://www.econbiz.de/10011916498
Persistent link: https://www.econbiz.de/10003851206
Persistent link: https://www.econbiz.de/10009535715
Persistent link: https://www.econbiz.de/10009554644
This paper studies inter- and intra-modal competition in the London-Paris passenger market. Using revealed preference data, we estimate nested and mixed multinomial logit models to examine passenger behaviour in the London-Paris market. We present a case study on the relocation of Eurostar...
Persistent link: https://www.econbiz.de/10014207287