and Tirole (1984). We then estimate this model – demand, cost (short- and long-run), and conduct – for the European … airline industry using data for the period 1976–90. We perform a number of specification tests and reject a simple one …-cat strategy. In other words, European airlines over-invest in capacities in order to be less aggressive. Moreover, we find that …

regime between airlines and whether airports can price discriminate: airline concentration reduces the landing fee when … joint ownership of airports? Does airline countervailing power stop airports raising fees? Should airports be prohibited, as … an EU directive intends, from charging differential prices to airlines? Our major findings are: (a) an increase in …

-Scandinavian air routes, using the Oslo-Stockholm route as a case. In the model, demand for air transportation depends on the price and … monopoly, so the model is calibrated to estimates of prices and costs, data for demand, and to the first-order conditions for a …

models are used to explain empirical anomalies in the experience of the US airline market since deregulation. …

exports. Furthermore, empirical tests on the world airline industry elicit the existence of one particular path – an enhanced …

efficiency, taking into account the regulatory changes that have affected the European airline industry. We construct and … estimate a model that includes demand, capacity, and cost equations. The latter accounts for inefficiency and cost …-reducing effort. Using a non-nested test and observations on the largest European airlines between 1985 and 1999, we show the …

Motivated by the higher price sensitivity and service homogenisation in the airline industry in recent years, we …. The assumption that airlines compete on price allows us to take advantage of the observational equivalence between … auctions, to recover the distributional characteristics of air fares using a sample of airline tickets from the US domestic …