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We empirically analyze exchanges of cost information in a multimarket oligopoly model for the airline industry with …
Persistent link: https://www.econbiz.de/10014104416
This paper uses an original panel dataset with posted prices and sales to estimate a dynamic demand. We find that consumers become more price sensitive as time to departure nears which is consistent with having lower valuations. This result provides empirical support to a key theoretical...
Persistent link: https://www.econbiz.de/10011402309
This paper analyzes the impact of varying degrees of airline cooperation on nonstop and connecting international …), although these reductions are not significantly larger than those generated by airline alliances without immunity, while JVs … “online” travel with a single airline. For nonstop passengers, we find that ATI and JV cooperation between airlines does not …
Persistent link: https://www.econbiz.de/10012962492
Common ownership fundamentally upsets the well-settled merger enforcement ecosystem. Not only it challenges basic … principles informing merger policy such as the presumed profitability of mergers for the merging firms and the merger …-specificity of potential efficiencies but also it works against implementing tools and presumptions in merger practice such as …
Persistent link: https://www.econbiz.de/10013234688
Unlike other industries, significant changes in the airline industry have not mainly occurred due to technological … consequence of the deregulation wave which dates back to liberalization of airline sector in the United States in 1978, the … airline sector has gone through drastic changes. Certain procedures and practices pertaining to the airline sector, including …
Persistent link: https://www.econbiz.de/10012919882
frequency, passenger connecting costs, airline endogenous hub location and route structure strategic competition. We find that …
Persistent link: https://www.econbiz.de/10010225784
This paper explores airline pricing behaviour dealing with two issues. The first is to measure the extent to which … competitive-type. Differently from past contributions, we study airline pricing behaviour removing the influence of intermodal … airline pricing strategies are the straight results of air-related competition. Our results claim that when the intramodal …
Persistent link: https://www.econbiz.de/10013097983
frequency, passenger connecting costs, airline endogenous hub location and route structure strategic competition. We find that …
Persistent link: https://www.econbiz.de/10013072445
Convenient scheduling, characterized by adequate flight frequency, is the main quality attribute for airline services …. However, the effect of airline alliances on this important dimension of service quality has received almost no attention in …
Persistent link: https://www.econbiz.de/10012908676
differentiated products over a finite horizon when facing demand fluctuations. I estimate the model in U.S. oligopolistic airline …
Persistent link: https://www.econbiz.de/10012898558