Airline economics : an empirical analysis of market structure and competition in the US airline industry

Author(s)

    • Tabacco, Giovanni Alberto

Bibliographic Information

Airline economics : an empirical analysis of market structure and competition in the US airline industry

Giovanni Alberto Tabacco

(Palgrave pivot)

Palgrave Macmillan, c2017

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

This 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.

Table of Contents

1. Introduction.- 2. Airline City Pair Market as Natural Oligopolies.- 3. Market Size, Firm Numbers and Market Share Asymmetry.- 4. Entry and Market Sharing Agreements in the U.S. Airline Industry.- 5. Conclusion.

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Details

  • NCID
    BB2498802X
  • ISBN
    • 9783319467283
  • LCCN
    2016951951
  • Country Code
    uk
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    [Cham]
  • Pages/Volumes
    xv, 78 p.
  • Size
    22 cm
  • Parent Bibliography ID
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