Showing 1 - 10 of 23
The paper analyses the reorganisation that European carriers have implemented after September 11 in the transatlantic flights. We model carriers’ conduct as a mixture of short- and long-term goals, where the weights depend on firm-specific variables (adjustment costs, financial situation)...
Persistent link: https://www.econbiz.de/10011162575
Published fares London–Amsterdam are used to examine the pricing practices of low-cost and legacy carriers when operating in a large and crowded market. We investigate two strategies of market segmentation involving the time before departure the ticket has been bought, inter-temporal...
Persistent link: https://www.econbiz.de/10011162758
We collect half-yearly data on nonstop flight frequencies offered by carriers on routes originating from Italian regions to European countries in the period 1998–2010. We find that, as the share of flights belonging to global alliances increases, the number of flights offered by airlines...
Persistent link: https://www.econbiz.de/10011162839
This paper investigates how geography affects the performance of local public transport firms in Italy. Using data on 110 firms involved in urban and interurban transport, we provide different estimates of stochastic cost frontiers. It emerges that geographic variables impact on the efficiency...
Persistent link: https://www.econbiz.de/10011186689
Persistent link: https://www.econbiz.de/10010867775
<title>Abstract</title> This paper aims to provide new measures of airline network configuration with a view to analyse effectively the complexity of modern carriers’ network design. It studies network configurations in the airline sector by taking into account both spatial and temporal dimensions. The...
Persistent link: https://www.econbiz.de/10010973244
This paper investigates the properties of two types of cost restrictions that guarantee the existence of an equilibrium in pure strategies in Bayesian spatial competition models with heterogeneous firms.
Persistent link: https://www.econbiz.de/10008494886
Persistent link: https://www.econbiz.de/10005218983
In this paper we simulate carriers' capacity allocation practices in order to investigate the role of fences and forecasting for maintaining high load factor levels and returns in oligopolistic airline markets. We analyse the case where firms apply a well-established revenue management...
Persistent link: https://www.econbiz.de/10010562331
There are substantial fare dispersions in the airline industry. There are various theoretical explanations of this, but they only provide a qualitative justification of the phenomenon. This paper simulates the quantitative outcome of three popular models to evaluate their ability to generate...
Persistent link: https://www.econbiz.de/10010682104