Fageda, Xavier; Flores-Fillol, Ricardo - In: Economics Letters 128 (2015) C, pp. 90-94
We extend the monopoly case without congestion in Brueckner (2004) by examining network choice in a duopoly where airport congestion can occur. Airlines prefer hub-and-spoke configurations, even if this implies higher congestion costs. Airlines may be inefficiently biased towards hub-and-spoke...