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travel choices of passengers departing from one of three San Francisco Bay area airports and arriving at one of four airports …
Persistent link: https://www.econbiz.de/10004970922
congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive … pricing that captures a number of these features. The model in particular reflects (1) that airlines typically have market … power and are engaged in oligopolistic competition at different sub-markets; (2) that part of external travel delays that …
Persistent link: https://www.econbiz.de/10005137232
Airports and airlines have been increasingly establishing vertical contracts, which have a wide variety of forms. These …
Persistent link: https://www.econbiz.de/10005059430
congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive … pricing that captures a number of these features. The model in particular reflects (1) that airlines typically have market … power and are engaged in oligopolistic competition at different sub-markets; (2) that part of external travel delays that …
Persistent link: https://www.econbiz.de/10011334350
incomplete contracts. Our setting is the U.S regional airline industry. Regional airlines operate flights for major carriers …
Persistent link: https://www.econbiz.de/10014027436
propositions state that hub airlines and hub airports seek specialized governance structures, while value-based carriers and base … airports enter into long-term contracts supported by complementary safeguards. These privately crafted governance modes …
Persistent link: https://www.econbiz.de/10014209724
Contracts within governance classes, e.g., alliances or supply chain contracts, display a great degree of variation in contractual design. In this paper, we explore (i) the alignment between provisions in functional classes and the underlying transaction attributes, and (ii) the impact of...
Persistent link: https://www.econbiz.de/10005162803
Outsourcing is one of the organizational practices that have increased in popularity over the past decade, even in the public sector. However, management control literature gives a little attention to this new form of organization. Two paradigms dominate the inter-organizational management...
Persistent link: https://www.econbiz.de/10010707489
How can integrated firms immediately settle ex post adaptations to unanticipated disturbances? While this question is crucial to the understanding of transaction cost economics (TCE), TCE has not provided any formal answer. This paper develops a model that explores this question by employing...
Persistent link: https://www.econbiz.de/10010544324
We explore why authority within firms helps trading parties immediately settle ex post adaptation problems despite the possibility of a subordinate's disobedience to the orders of his boss. By employing three crucial behavioral assumptions (reference-dependent preference, self-serving bias, and...
Persistent link: https://www.econbiz.de/10010332524