Author:Fischer, T.
Kamerschen, D.R.
Title:Price-cost margins in the US airline industry using a conjectural variation approach
Journal:Journal of Transport, Economics and Policy
2003 : MAY, VOL. 37:2, p. 227-259
Index terms:Airlines
Competition
Marginal-cost pricing
Oligopoly
USA
Language:eng
Abstract:A reduced form model is employed to calculate price-cost margins in selected airport-pair markets originating from Atlanta, USA. It is found that conduct in most airport-pairs is consistent with the Cournot solution with deviations from this conduct both to more and less competitive behaviour.
SCIMA record nr: 248558
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