Airline Economics: An Empirical Analysis of Market Structure and Competition in the US Airline Industry

Author:   Giovanni Alberto Tabacco
Publisher:   Springer International Publishing AG
Edition:   Softcover reprint of the original 1st ed. 2017
ISBN:  

9783319835723


Pages:   78
Publication Date:   29 June 2018
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Airline Economics: An Empirical Analysis of Market Structure and Competition in the US Airline Industry


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Overview

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.

Full Product Details

Author:   Giovanni Alberto Tabacco
Publisher:   Springer International Publishing AG
Imprint:   Springer International Publishing AG
Edition:   Softcover reprint of the original 1st ed. 2017
Weight:   1.358kg
ISBN:  

9783319835723


ISBN 10:   3319835726
Pages:   78
Publication Date:   29 June 2018
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

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Giovanni Alberto Tabacco is Assistant Professor of Economics at Swansea University School of Management, UK. Prior to this he worked in the Economics Department of the University of Bologna, Italy. His research interests include industrial organization, experimental economics and competition policy, and competition economics.

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