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This paper investigates strategic interaction among airlines in product-quality choices. Using an instrumental … its own characteristics and to the frequencies of competing airlines. A positive reaction function slope is found in some …
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route network expansion of low-cost airlines to identify routes where the probability of future entry increase dramatically … entry occurs. Overall, the main findings suggest that airlines respond to entry threats trading off the benefits of short …
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In this study we analyze the determinants of airline price dispersion. We particularly concentrate on the conduct and marginal cost efficiency. The effect of conduct on price dispersion seems to depend on the characteristics of the market. For the big city routes, we observe positive effect; and...
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