English, Article, Journal or magazine article edition: Airline Schedule Competition: Product-Quality Choice in a Duopoly Model Jan K. Brueckner; Ricardo Flores-Fillol

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Bookmark: http://trove.nla.gov.au/version/33823
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Airline Schedule Competition: Product-Quality Choice in a Duopoly Model
Author
  • Jan K. Brueckner
  • Ricardo Flores-Fillol
Physical Description
  • preprint
Notes
  • RePEc:ces:ceswps:_1731
  • This paper presents a simple model of airline schedule competition that circumvents the complexities of the spatial approach used in earlier papers. Consumers choose between two duopoly carriers, each of which has evenly spaced flights, by comparing the combinations of fare and expected schedule delay that they offer. In contrast to the spatial approach, the particular departure times of individual flights are thus not relevant. The model generates a number of useful comparative-static predictions, while welfare analysis shows that equilibrium flight frequencies tend to be inefficiently low.
  • RePEc:irv:wpaper:050629
Language
  • English
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