Electronic Resource
Springer
Review of industrial organization
8 (1993), S. 435-449
ISSN:
1573-7160
Keywords:
Airlines
;
deregulation
;
product differentiation
;
hub-and-spoke
;
aircraft
Source:
Springer Online Journal Archives 1860-2000
Topics:
Economics
Notes:
Abstract Airline responses to deregulation have been analyzed using a variety of models. This paper presents and empirically tests a model of airline behavior which explicitly treats hub-and-spoke route structures which emerged after deregulation. The change to hub-and-spoke route structure implies an alteration of airline fleet use and acquisition of aircraft after deregulation. The empirical section of this paper investigates the nature of these changes using a data panel for airlines from 1970 to 1989. The changes observed in airline fleet use and composition indicate that the primary distortion of regulation on aircraft was inhibiting their use over efficient networks.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF01024280
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