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This paper examines variation in airline fares for trips in a medium-size travel market. It develops a conceptual model of fares offered, and uses daily information about fare, plane and flight characteristics, and trip characteristics easily available on the internet. Based on this information...
Persistent link: https://www.econbiz.de/10010688186
This study examines the effects of bankruptcy protection on the stock market behavior of US airlines and their domestic rivals. We find that Chapter 11 airlines experience both statistically and economically significant adverse price changes at the time of filing for bankruptcy. During the...
Persistent link: https://www.econbiz.de/10010688234
This paper investigates the influence of competition and aviation policy reform (for example, the airport localization … non-listed airports; (ii) airports with more competition are more efficient than their counterparts; (iii) the airports …
Persistent link: https://www.econbiz.de/10010688241
better strategy than setting up a low-cost subsidiary. …
Persistent link: https://www.econbiz.de/10010688260
firms is high, or competition is through prices. For monopoly, a strategic alliance is profitable, but never stable. …
Persistent link: https://www.econbiz.de/10010688265
policy perspective, it highlights the importance of structural reforms that help enhance competition in this sector. This …
Persistent link: https://www.econbiz.de/10010688314
setting. In particular, it shows how monitoring and sanctioning mechanisms, reputational concerns, and competition may affect … hazard is more likely to occur depends on the degree of competition among the agents. While market concentration gives rise … to overworking, competition promotes underworking and overcharging. Due to regulatory differences, this effect is more …
Persistent link: https://www.econbiz.de/10010688460
Standard observed characteristics explain only part of the differences between men and women in education choices and labor market trajectories. Using an experiment to derive students' levels of overconfidence, and preferences for competitiveness and risk, this paper investigates whether these...
Persistent link: https://www.econbiz.de/10010690283
The influence of culture on international business negotiations is recognized by most of the specialists and researchers in the field. A more important question is to what extent and what are the consequences in agreement making. Personal values, beliefs, attitudes, behaviours and decisions too...
Persistent link: https://www.econbiz.de/10010764017
Entrepreneurs are a rare species. Even in innovation-driven economies, only 1–2% of the work force starts a business in any given year. Yet entrepreneurs, particularly innovative entrepreneurs, are vital to the competitiveness of the economy. The gains of entrepreneurship are only realized,...
Persistent link: https://www.econbiz.de/10010764639