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This paper investigates contracts between airports and airlines, in the context of two competing facilities and three types of agreements. The downstream market consists in a route operated by one leader and n−1 followers competing àla Stackelberg in each facility. We develop a multistage...
Persistent link: https://www.econbiz.de/10011048984
We develop a test for vertical collusion between airports and airlines in the case of two different scenarios. In the first scenario there is one airport and one airline; this intends to depict the case of airports that do not compete with any other one. In the second, we consider two competing...
Persistent link: https://www.econbiz.de/10010755045