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, competitive asymmetry, presuming that the competition among the companies is not equal and rivals do not consider each other at … variables have an effect on competitive tension among airlines, airlines operating in the domestic air transport market in …
Persistent link: https://www.econbiz.de/10012302774
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of … competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth … Japanese economy had difficulty in coming out of the quasi-stagnation of the past decade. Recognising that gains from more pro-competition …
Persistent link: https://www.econbiz.de/10012444046
changed both, the airlines' frequencies and the market shares. Our results show that it has reduced on average the number of …
Persistent link: https://www.econbiz.de/10011548762
We posit and empirically test the hypothesis that airlines are able to charge a fare premium in markets that originate … demonstrate that airlines have substantial domestic market power, enabling them to raise fares at their domestic airports … determinant of the degree of market power that airlines can exert in the international airline industry. …
Persistent link: https://www.econbiz.de/10011583706
This paper examines retail competition in a liberalized gas market. Vertically integrated firms run both wholesale … clauses limit the incentives to face-to-face competition and determine segmentation and monopoly pricing even when entry of … new competitors occurs. The development of wholesale trade, instead, may induce generalized entry and retail competition …
Persistent link: https://www.econbiz.de/10013036877
This paper examines the relative importance of horizontal market structure, auction design, and vertical arrangements in explaining electricity prices. We define vertical arrangements as either vertical integration or long term contracts whereby retail prices are determined prior to wholesale...
Persistent link: https://www.econbiz.de/10014027930
and decreases prices through accessibility to air transport service and actual competition, respectively. Also, structural …
Persistent link: https://www.econbiz.de/10011389427
We analyze the entry and exit activity in the European Airline Markets in the post-liberalisation period and study the differential traits between traditional and low cost carriers. Alongside with the characteristics traditionally highlighted as determinants of entry (such as airport presence...
Persistent link: https://www.econbiz.de/10014057882
In 05/25/1982, the VASP aircraft broke in two after a hard landing killing 2 people. The pilot's misuse of rain repellant, caused an optical illusion leading to the hard landing. Since that day, VASP started to have constant problems. A brief history about VASP is discussed. After so many...
Persistent link: https://www.econbiz.de/10014064329
between airlines and the level of liberalization signed between governments in the international aviation market. Our work … the type of codeshare agreements signed by the airlines …
Persistent link: https://www.econbiz.de/10014038649