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The purpose of this article is twofold: (1) to rekindle old debates surrounding the efficacy of craft unionism (as opposed industrial unionism) in the age of globalization in order to provide insight into recent contentions by the Airline Mechanics Fraternal Association (AMFA) regarding the...
Persistent link: https://www.econbiz.de/10014593084
The internet presumably reduces search costs and creates an “efficient” market. Prior research quantifying the dispersion in the electronic market, however, has yielded mixed results. Some recent research has documented very low levels of dispersion in internet attributing it to the use of...
Persistent link: https://www.econbiz.de/10014618808
Abstract In this paper we develop a methodology to quantify the value to consumers of the non-price characteristics of airline networks. Our research demonstrates that analyses that ignore the quality effects associated with expanded airline networks generate incorrect findings and thus should...
Persistent link: https://www.econbiz.de/10014618846
particular, we are interested in merger effects in markets where the merging airlines directly competed prior to their merger. We … the merging airlines competed prior to merger. We also find evidence of marginal cost efficiencies associated with both … case of the Delta/Northwest merger, efficiencies come from markets where the merging airlines competed prior to the merger …
Persistent link: https://www.econbiz.de/10014618916
decisions. A quality disclosure mandate such as the On-Time Disclosure Rule in the U.S. that requires airlines to provide … information on the quality of their products can be beneficial, but can also be counterproductive if it encourages airlines to act … deceptively by “gaming” the system. If airlines care about public perceptions of their on-time record, they have an incentive to …
Persistent link: https://www.econbiz.de/10014618951
Abstract Routine industrial analyses use internal market characteristics such as market shares to proxy for market power. However, recent studies argue that factors that are external to the market such as contact across multiple markets can be linked to tacit collusion. Using a structural demand...
Persistent link: https://www.econbiz.de/10014618960
months.' Qantas' record profit for 2003-04 were in sharp contrast with the financial performance of most airlines worldwide …
Persistent link: https://www.econbiz.de/10009437751
Airlines, first flew passengers a month later. A little over one year later, Compass was grounded by its creditors, on December … airlines) blamed Compass management, for the opportunities lost. But all parties probably now agree that there have been … events which occurred preceding deregulation which had major impact on the competitiveness of Compass Airlines. It …
Persistent link: https://www.econbiz.de/10009441599
dominance of airlines in the aviation industry. The importance and effectiveness of the ground handling function as part of the …
Persistent link: https://www.econbiz.de/10009442256
We employ the Rosse-Panzar test to assess market performance in selected airport-pairs originating from Atlanta. The Rosse-Panzar test stands in the tradition of the New Empirical Industrial Organization. It is based on the comparative statics of a reduced form revenue equation. Therefore, it is...
Persistent link: https://www.econbiz.de/10009445705