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statistical model for the passengers'sequential choice of airport and airline is calibrated. It appears that thechoice sequence … first airport, then airline is statistically preferable to thereversed choice sequence. Frequency, the average number of … seats offered by anairline and access time to the airport are all significant. Separate models areestimated for business and …
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This paper investigates optimal airport pricing when airlines provide imperfect substitutes products, and make … and does not require leadership behavior. We also find that an airport requires two pricing instruments to achieve the …
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