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We study the effect of consolidation on airline network connectivity using three measures of centrality from graph theory: Degree, Closeness, and Betweenness. Changes in these measures from 1990 to 2015 imply: i) the average airport services a greater proportion of possible routes, ii) the...
Persistent link: https://www.econbiz.de/10012952209
We develop a model of inter-temporal and intra-temporal price discrimination by airlines to study the ability of different discriminatory mechanisms to remove sources of inefficiency and the associated distributional implications. To estimate the model's multi-dimensional distribution of...
Persistent link: https://www.econbiz.de/10012907654
We investigate whether stock price movements can inform operations managers as to where they should focus improvement efforts.We examine how unexpected performance along several dimensions of service quality - on-time performance, long delays and cancellations, lost bags and denied boardings -...
Persistent link: https://www.econbiz.de/10013093773
We formulate two empirical tests for collusive behavior based on the theoretical insights of Werden and Froeb [1994] and Athey, Bagwell, and Sanchirico [2004]. The first predicts that colluding firms will reduce pair-wise differences in prices within a market if demand satisfies certain...
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We investigate the role of limited access to airport facilities as a determinant of the hub premium in the US airline industry. We use original data from competition plans that airports are required to submit to the Department of Transportation in compliance with the Aviation Investment and...
Persistent link: https://www.econbiz.de/10012755403
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