Market Share Instability In The U.S. Airline Industry
نویسندگان
چکیده
منابع مشابه
Unions and Wages in the Us Airline Industry
Labor unions play a critical role in the US airline industry. About half of all workers in the air transportation industry are unionized, 49.3% of workers being union members and 51.6% being covered by collective bargaining agreements in 2006. Apart from Delta, all major US carriers are highly unionized, while national and regional carriers include a mix of union and nonunion workplaces. In con...
متن کاملInternet Penetration and Capacity Utilization in the US Airline Industry∗
Despite vigorous competition, airlines regularly fly their airplanes below full capacity. One reason for this is that airline fares are set before airlines observe demand. Moreover, even when airlines have accurate forecasts of demand, their ability to use prices and revenue management to smooth demand is constrained by the amount of information consumers have about prices and schedules, or mor...
متن کاملNonlinear Pricing and Market Concentration in the U.S. Airline Industry∗
This paper provides new evidence on the impact of market concentration on airlines’ nonlinear pricing strategies. Under a second-degree price discrimination setup, where firms compete via a collection of quality and price pairs, we derive testable implications about the effect of market structure on a firm’s relative price schedule. We then test these predictions using a unique dataset of airli...
متن کاملCongestion and Market Structure in the Airline Industry
Empirical research on the relationship between market congestion and the market competitive level largely falsifies the positive relationship predicted by theoretical models. In this paper, I exploit the airline industry network structure and focus on the level of congestion during periods in which passengers cross-connect to their final destinations. About 70% of hub airport flights depart or ...
متن کاملBankruptcy and Product-Market Competition: Evidence from the Airline Industry∗
Classical models of product market competition maintain that firms maximize their profits regardless of their financial condition. Yet over the last two decades a growing theoretical literature has examined whether a firm’s capital structure impacts competition in the market for the firm’s products. In this paper we ask whether a firm operating under bankruptcy protection significantly reshapes...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Applied Business Research (JABR)
سال: 2013
ISSN: 2157-8834,0892-7626
DOI: 10.19030/jabr.v15i4.8152