Competition and Efficiency in Regulated Airline City-pair Markets
Author: Scott Dale Nason
Publisher:
Published: 1977
Total Pages: 98
ISBN-13:
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Author: Scott Dale Nason
Publisher:
Published: 1977
Total Pages: 98
ISBN-13:
DOWNLOAD EBOOKAuthor: Scott Dale Nason
Publisher:
Published: 1977
Total Pages: 88
ISBN-13:
DOWNLOAD EBOOKAuthor: Hartmut Wolf
Publisher: Routledge
Published: 2016-05-06
Total Pages: 615
ISBN-13: 1317105427
DOWNLOAD EBOOKThe last few decades have witnessed substantial liberalization trends in various industries and countries. Starting with the deregulation of the US airline industry in 1978, regulatory restructuring took place in further network industries such as telecommunications, electricity or railways in various countries around the world. Although most of the liberalization movements were initially triggered by the worrying performances of the respective regulatory frameworks, increases in competition and corresponding improvements in allocative and productive efficiency were typically associated with the respective liberalization efforts. From an academic perspective, the transition from regulated industries to liberalized industries has attracted a substantial amount of research reflected in many books and research articles which can be distilled to three main questions: (1) What are the forces that have given rise to regulatory reform? (2) What is the structure of the regulatory change which has occurred to date and is likely to occur in the immediate future? (3) What have been the effects on industry efficiency, prices and profits of the reforms which have occurred to date? Liberalization in Aviation brings together renowned academics and practitioners from around the world to address all three questions and draw policy conclusions. The book is divided into five sections, in turn dealing with aspects of competition in various liberalized markets, the emergence and growth of low-cost carriers, horizontal mergers and alliances, infrastructures, and concluding with economic assessments of liberalization steps so far and proposed steps in the future.
Author: United States. General Accounting Office
Publisher:
Published: 1977
Total Pages: 204
ISBN-13:
DOWNLOAD EBOOKAuthor: George Warren Douglas
Publisher:
Published: 1974
Total Pages: 232
ISBN-13:
DOWNLOAD EBOOKMonograph on transport policy in the USA in respect of air transport and the regulation of commercial passenger airlines - presents an economic model of airline competition, and covers the impact of regulation on price structures, costs and efficiency, etc. References and statistical tables.
Author: Eldad Ben-Yosef
Publisher: Springer Science & Business Media
Published: 2005-07-13
Total Pages: 316
ISBN-13: 9780387242132
DOWNLOAD EBOOKThe Evolution of the US Airline Industry discusses the evolution of the hub-and-spoke network system and the associated price discrimination strategy, as the post-deregulation dominant business model of the major incumbent airlines and its breakdown in the early 2000s. It highlights the role that aircraft – as a production input – and the aircraft manufacturers' strategy have played in shaping this dominant business model in the 1990s. Fierce competition between Airbus and Boeing and plummeting new aircraft prices in the early 2000s have fueled low-cost competition of unprecedented scope, that destroyed the old business model. The impact of the manufacturers' strategy on these trends has been overlooked by industry observers, who have traditionally focused on the demand for air travel and labor costs as the most critical elements in future trends and survivability of major network airlines. The book debates the impact and merit of government regulation of the industry. It examines uncertainty, information problems, and interest group structures that have shaped environmental and safety regulations. These regulations disregard market signals and deviate from standard economic principles of social efficiency and public interest. The Evolution of the US Airline Industry also debates the applicability of traditional antitrust analysis and policies, which conflict with the complex dynamics of real-life airline competition. It questions the regulator's ability to interpret industry conduct in real time, let alone predict or change its course towards a "desirable" direction. The competitive response of the low-cost startup airlines surprised many antitrust proponents, who believed the major incumbent airlines practically blocked significant new entry. This creative market response, in fact, destroyed the major incumbents' power to discriminate pricing – a task the antitrust efforts failed to accomplish.
Author: United States. Civil Aeronautics Board. Special Staff on Regulatory Reform
Publisher:
Published: 1975
Total Pages: 464
ISBN-13:
DOWNLOAD EBOOKAuthor: Elizabeth E. Bailey
Publisher:
Published: 1983
Total Pages: 468
ISBN-13:
DOWNLOAD EBOOKAuthor: Giovanni Alberto Tabacco
Publisher: Palgrave Macmillan
Published: 2018-06-29
Total Pages: 78
ISBN-13: 9783319835723
DOWNLOAD EBOOKThis book presents an original empirical investigation of the market structure of airline city pair markets, shedding new light on the workings of competitive processes between firms. Examining a cross-section of US airline city pairs, Tabacco proposes for the first time that the industry can be understood as a natural oligopoly, each airline market being dominated by one to three airline carriers regardless of market size. The author questions the extent to which airlines deliberately prevent head-to-head competition within city pair markets, and draws intriguing conclusions about competitive forces from the observed market structure. Uncovering some of the main corporate strategies of the airline industry, the book is of immediate relevance to industry managers and practitioners, as well as academic economists.
Author: United States. Department of Transportation. Secretary's Task Force on Competition in the U.S. Domestic Airline Industry
Publisher:
Published: 1990
Total Pages: 26
ISBN-13:
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