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Modelling open skies agreements and air passenger competition

机译：建模开放天空协议和空运竞争

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This work aims to study competitive airline behavior, regarding pricing and supply decisions, and how it adjusts to various structural assumptions, such as the existence of capacity expansion delays, by employing system dynamics simulation techniques. Results show that, in a competitive environment, the airline with the most aggressive market share expansion strategy would start transporting more passengers and sustained an advantage for the first 15 years, of a 60-year horizon, only to be undertaken by its competitor and end up sharing 50% of the market at the end. Furthermore, both airlines undercut their fares to the point of reaching their operating unit costs, which goes in line with a Bertrand competition behavior (Silva and Verhoef 2013), creating benefits to consumers.
机译：这项工作旨在研究具有定价和供应决策的竞争性航空行为，以及如何调整各种结构假设，例如通过采用系统动力学仿真技术，例如容量扩展延迟的存在。结果表明，在竞争环境中，具有最具侵略性市场份额扩张战略的航空公司将开始运输更多的乘客，并在60岁的地平线上运输更多的乘客并持续优势，只能由其竞争对手和结束进行在最后分享50％的市场。此外，两家航空公司都削弱了他们的票价，以达到其运营单位成本的重点，这与Bertrand竞争行为（Silva和Verhoef 2013）符合，为消费者创造好处。

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