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competitive incentives helps explain domestic airline merger activity. A Cournot model of airline competition illustrates that …The domestic airline merger phenomenon of the late 1980s and early 1990s sparked a great deal of Industrial … domestic mergers, via enhanced domestic networks and reduced domestic competition, generate international competitive gains …
Persistent link: https://www.econbiz.de/10014028041
suggest that privatization produced an overall increase in airline demand and that the airport notably recognized with the … change in airport governance. We examine recent Brazilian airport privatization experience as a case. The main results …
Persistent link: https://www.econbiz.de/10013003868
to a nonstop itinerary is a cost incurred by the passenger. An airline is able to reduce a passenger's layover time by … narrowing the gap between flights at the connecting airport. However, narrowing this flight gap has the adverse effect of … increasing airport congestion. Taking these perspectives into account, it is clear that layover time influences a prospective …
Persistent link: https://www.econbiz.de/10012853304
We study the competitive effects of five liquidations and six mergers in the domestic U.S. airline industry between … efficiencies and entry-inducing effects are found to be strong enough to drive prices down to pre-exit levels. -- Airline industry …
Persistent link: https://www.econbiz.de/10009550127
Persistent link: https://www.econbiz.de/10010235615
This paper examines how network carriers adjust product quality given the competition from a low cost carrier (LCC …). While previous research has shown that product quality (measured by on-time performance) suffers from heightened competition …
Persistent link: https://www.econbiz.de/10012935571
and over time. Using panel data of the U.S. airline industry, we find significant differences on the pattern of … results suggest that if HHI increases by 0:1, the log likelihood of a major airline choosing complete outsourcing relative to … no outsourcing, goes up by 3.3%. This log likelihood goes down by 5.8% if the major airline's market share increases by 0 …
Persistent link: https://www.econbiz.de/10012979141
We investigate the effect of competition on price dispersion in the airline industry. Using panel data from 1993 to … 2008, we find a non-monotonic effect of competition on price dispersion. An increase in competition is associated with …
Persistent link: https://www.econbiz.de/10012713310