Metropolitan regions around the world are looking for sustainable strategies to reduce motor-vehicle traffic congestion, energy consumption, and emissions. These strategies include land-use policies as well as improvements to public transit services. This empirical work aims at studying the...

In this paper, we provide another reason that may explain the adoption of the hub-and-spoke network structure in the airline industry. We show that when an airline has to decide on its capacity before the demand conditions are perfectly known, a hub-and-spoke (h&s) network structure by pooling...

In this paper, we empirically examine the effects of bankruptcy protection (Chapter 11) on an airline and its rivals' pricing strategies. We estimate a price equation on a panel of 400 routes over the period 1987-1993. We also examine the impact of bankruptcy on a firm's average operating costs....