<title>Abstract</title> The regulatory reforms of domestic airline markets and regional markets such as the Europe Economic Area and the increased number of Open Skies agreements have led to a move away from the administrative structure of fare setting to one dominated by market forces. Within this latter...

<title>Abstract</title> The institutional background against which air transport is supplied has been changing rapidly. The initiation of market forces has led to lower fares, additional services, and more efficient airline companies as competitive pressures have grown. A major concern, however, is whether the...