Competition and coordination in the U.S. airline hub-to-hub markets: An industry pre-merger case study
作者: Prasun Bhattacharjee
刊名: Journal of Airline and Airport Management, 2016, Vol.6 (1), pp.92-113
来源数据库: Omnia Publisher SL
DOI: 10.3926/jairm.50
原始语种摘要: Purpose: This paper investigates the nature of conduct that existed in the U.S. airline hub-to-hub markets prior to the recent merger wave of the legacy carriers. We explore the strategic importance of network carrier hubs in form of “spheres of influence” on airline market conduct. We also simultaneously recognize the overgrowing role played by Low Cost Carriers (LCC) over the years by estimating two conduct parameters - one in markets where LCCs directly compete head-to-head with legacy carriers and the other for markets which LCCs do not serve but has presence in the hub airports or adjacent airports comprising the market endpoints. Thus our supply side framework also sheds some light on the issue of perfect contestability in airline industry.(#br)Design/methodology/approach: We...
全文获取路径: Omnia出版社 

  • airline 飞行航线
  • merger 公司的合并
  • industry 工业
  • competition 竞争
  • prices 行情
  • perfect 完全的
  • oligopoly 求过于供的市场情况
  • market 市场
  • empirical 经验的
  • estimate 估计