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When there is significant overlap in potential partner airlines' route networks, policymakers have expressed concern … that an alliance between such airlines may facilitate collusion on price and/or service levels in the partners' overlapping … disentangle the demand and supply effects associated with an alliance between such airlines. The estimates from our structural …
Persistent link: https://www.econbiz.de/10011185383
When there is significant overlap in potential partner airlines׳ route networks, policymakers have expressed concern … that an alliance between such airlines may facilitate collusion on price and/or service levels in the partners׳ overlapping … disentangle the demand and supply effects associated with an alliance between such airlines. The estimates from our structural …
Persistent link: https://www.econbiz.de/10011264222
Persistent link: https://www.econbiz.de/10008631310
We start from an aggregate random coefficients nested logit (RCNL) model to provide a systematic comparison between the tractable logit and nested logit (NL) models with the computationally more complex random coefficients logit (RC) model. We first use simulated data to assess possible...
Persistent link: https://www.econbiz.de/10009322976
This paper provides necessary conditions for testing the local consistency of three-level nested logit models with random utility maximization. We find that for a model with two sub-nests per nest the conditions can lead to a substantial increase in the range of acceptable dissimilarity...
Persistent link: https://www.econbiz.de/10005556267
Shift work has a documented negative impact on workers’ health and social life, effects which are compensated for with higher wages and shorter working hours. Many countries face a ‘nursing shortage’, and increasing wages is argued to lead to an increase in the short-term labor supply in...
Persistent link: https://www.econbiz.de/10004980186
This paper examines the effect on productivity of having more near advertising agency neighbors and hence better opportunities for meetings and exchange within Manhattan. We will show that there is extremely rapid spatial decay in the benefits of having more near neighbors even in the close...
Persistent link: https://www.econbiz.de/10005058746
This paper provides a model of knowledge sharing and networking among single unit advertising agencies and investigates the implications of this model in the presence of heterogeneity in agencies’ quality. In a stylized screening model, we show that, under a modest set of assumptions, the...
Persistent link: https://www.econbiz.de/10005058803
This paper develops a conceptual framework for the generation of activity and travel patterns in the context of more general structures and presents an integrated model system as a step toward development of an improved travel demand forecasting model system. We propose a two-stage structure to...
Persistent link: https://www.econbiz.de/10005075667
This paper analyses household choice of drinking water source for 769 rural households in the Metro Cebu Area, Philippines. In particular, the effects of input prices, tastes and household size on the choice probabilities are analyzed. For the empirical analysis, a discrete choice approach...
Persistent link: https://www.econbiz.de/10005645225