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Airlines network choices are analysed to describe the co-existence of alternative business models: the full service model based on the hub-and-spoke (HS) system and the low cost model based on point-to-point (PP) system. The analysis is carried on both theoretically and empirically. In the...
Persistent link: https://www.econbiz.de/10011324811
This paper investigates the response of full service carriers (FSCs) to theentry of low-cost carriers (LCCs). We develop a model of airlinecompetition, which accommodates various market structures, some ofwhich include low-cost players. Using data on published airfares ofLufthansa, British...
Persistent link: https://www.econbiz.de/10010325396
This paper presents a model of second-degree price discrimination and inter-group effects to describe the full-service pricing behaviour in the passenger aviation market. Consumer heterogeneity is assumed on both a horizontal and a vertical dimension, while various distinct market structures,...
Persistent link: https://www.econbiz.de/10010326268
This paper analyses the network reorganisation that European carriers have implemented after September 11th in the transatlantic flights. We model carriers' conduct as a mixture of short- and long-term goals where the weights depend on firm-specific variables (adjustment costs, financial...
Persistent link: https://www.econbiz.de/10011314855
Air transport networks have exhibited a trend towards complex dynamics in recent years. Using Lufthansa’s networks as an example, this paper aims to illustrate the relevance of various network indicators – such as connectivity and concentration – for the empirical analysis of airline...
Persistent link: https://www.econbiz.de/10010325797
Information, communication and transport networks have always been in a state of flux, while they also influence each other. Extensive research efforts have been made to investigate the dynamics in the structure and use of networks, e.g., by means of network geometries, small-world effects and...
Persistent link: https://www.econbiz.de/10010326174
In a liberalized aviation market airports in a multiple airport region will have to compete with substitute airports for origin / destination passengers (and also transfer passengers). Passengers have to take a number of decisions; the have to choose airports, airlines and airport access modes...
Persistent link: https://www.econbiz.de/10011306836
The present paper investigates the choice of route network, frequencies and ticket prices in air transport networks served by oligopolists. The paper describes these choices in a simple airline network by means of a simulation model. Airline competition is modeled as a 2 stage game: airlines...
Persistent link: https://www.econbiz.de/10011306838
As is well known housing has a unique set of characteristics which interact to cause the operation of the housing market to be significantly different from that of other markets. On the demand side individuals have to search for vacancies and its characteristics. Due to the high dimensionality...
Persistent link: https://www.econbiz.de/10011306876
In recent years urban economists have focused their attention upon a 'newly recognized' phenomenon: edge cities. Such an urban growth pattern, although having its primary roots in the United States, can be an appropriate framework for examining European trends of urban industrial location. The...
Persistent link: https://www.econbiz.de/10011306894