Showing 1 - 10 of 72
In this paper, we provide another reason that may explain the adoption of the hub-and-spoke network structure in the airline industry. We show that when an airline has to decide on its capacity before the demand conditions are perfectly known, a hub-and-spoke (h&s) network structure by pooling...
Persistent link: https://www.econbiz.de/10009202158
In this paper, we provide another reason that may explain the adoption of the hub-and-spoke network structure in the airline industry. We show that when an airline has to decide on its capacity before the demand conditions are perfectly known, a hub-and-spoke network structure by pooling...
Persistent link: https://www.econbiz.de/10005796024
We consider a market with three competitors, two of which decide to cooperate. Firms first choose capacity under demand uncertainty, then compete in quantities after the uncertainty has been resolved. We specify strategic alliance (SA) as an agreement where two airlines jointly choose capacity...
Persistent link: https://www.econbiz.de/10004988167
We consider a market with three competitors, two of which decide to cooperate. Firms first choose capacity under demand uncertainty then compete in quantities after the uncertainty has been resolved. We specify strategic alliance (SA) as an agreement where two airlines jointly choose capacity...
Persistent link: https://www.econbiz.de/10005696242
We consider a market with three competitors, two of which decide to cooperate. Firms first choose capacity under demand uncertainty then compete in quantities after the uncertainty has been resolved. We specify strategic alliance (SA) as an agreement where two airlines jointly choose capacity...
Persistent link: https://www.econbiz.de/10005696453
According to Porter’s hypothesis, environmental regulation increases the regulated firms’ profits. However, if a “greener” strategy is more profitable why does it need regulatory intervention in order to be implemented? Let a greener product increase the adopter’s marginal cost while...
Persistent link: https://www.econbiz.de/10005518406
Persistent link: https://www.econbiz.de/10005270750
This paper examines how the Workers'Compensation (WC) and the Unemployment Insurance (UI) programs interact to influence the duration of claims due to workplace accidents. In this paper, we use Market Share Instability (MSI) as a measure of the intensity of competition among airlines on a...
Persistent link: https://www.econbiz.de/10005776226
In this paper, we provide another reason that may explain the adoption of the hub-and-spoke network structure in the airline industry. We show that when an airline has to decide on its capacity before the demand conditions are perfectly known, a hub-and-spoke network structure by pooling...
Persistent link: https://www.econbiz.de/10005486979
In this paper, we examine how strategic interactions affect airline network. We develop a three stage duopoly game: at stage 1 airlines determines their network structure (linear versus hub-and-spoke). At stage 2 they decide on their capacities, and at stage 3 firms compete in quantities. The...
Persistent link: https://www.econbiz.de/10005486991