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Automobile gasoline demand can be expressed as a multiplicative function of fuel efficiency, mileage per car and car ownership. This implies a linear relationship between the price elasticity of total fuel demand and the price elasticities of fuel efficiency, mileage per car and car ownership....
Persistent link: https://www.econbiz.de/10011256551
In the paper a nested logit model is used to describe passenger preferencesconcerning airports and airlines. A 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...
Persistent link: https://www.econbiz.de/10011256652
This discussion paper resulted in an article in the <I>Journal of Air Transport Management</I> (2002). Volume 8, issue 3, pages 165-175.<P> The demand for air transport is largely determined by the spending capacity of customers. Thispaper aims to offer more insight into the determinants of price...</p></i>
Persistent link: https://www.econbiz.de/10011256684
In this paper a model, based on the nested multinomial logit model, is used to analyze airport competition and airline competition in a multiple airport region. It is shown that if the frequency elasticity of demand is smaller than 1, airfare-frequency and airport tax equilibria exist and are...
Persistent link: https://www.econbiz.de/10011257609
Persistent link: https://www.econbiz.de/10010867507
In a liberalized aviation market airports in a multiple airport region will have to compete with substitute airports for origin / destination passengers (and also transfer passengers). Passengers have to take a number of decisions; the have to choose airports, airlines and airport access modes...
Persistent link: https://www.econbiz.de/10011306836
Persistent link: https://www.econbiz.de/10011310464
The demand for air transport is largely determined by the spending capacity of customers. This paper aims to offer more insight into the determinants of price elasticities in the aviation sector. It seeks to identify both common and contrasting factors that influence the price elasticities, on...
Persistent link: https://www.econbiz.de/10010682086
Persistent link: https://www.econbiz.de/10005296714
In the paper a nested logit model is used to describe passenger preferencesconcerning airports and airlines. A 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...
Persistent link: https://www.econbiz.de/10010324518