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the price dispersion in U.S airline industry. Monopoly seller uses a menu of refund contracts to sequentially screen … heterogeneous travelers who purchase the tickets before travel uncertainty is fully resolved. Airline finds it optimal to sell fully …
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This paper explores, both theoretically and empirically, the impact of granting antitrust immunity (ATI) to airline …
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The formation of airline parallel alliances is harmful because it concentrates the market, however, under certain … circumstances may be beneficial. In particular, vertical airport-airline agreements allow the airport to influence the downstream … vertical airport-airline pairs competition. We show that under the influence of airports, parallel alliances are welfare …
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