By Giovanni Alberto Tabacco
This booklet provides an unique empirical research of the industry constitution of airline urban pair markets, laying off new mild at the workings of aggressive tactics among agencies. interpreting a cross-section people airline urban pairs, Tabacco proposes for the 1st time that the should be understood as a typical oligopoly, every one airline marketplace being ruled via one to 3 airline providers despite marketplace dimension. the writer questions the level to which airways intentionally hinder head-to-head pageant inside of urban pair markets, and attracts exciting conclusions approximately aggressive forces from the saw marketplace constitution. Uncovering a number of the major company options of the airline undefined, the booklet is of instant relevance to managers and practitioners, in addition to educational economists.
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Additional info for Airline Economics: An Empirical Analysis of Market Structure and Competition in the US Airline Industry
Airline Economics: An Empirical Analysis of Market Structure and Competition in the US Airline Industry by Giovanni Alberto Tabacco