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Market Conduct of the Three Busiest Airline: Routes in China

机译：三大最繁忙航空公司的市场行为：中国航线

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摘要

This paper studies the market conduct of the three busiest routes dominated by the three largest airlines in China. The competition strategies of the three largest Chinese carriers are found to be different from each other. In general, the market behaviour of Air China is consistent with that described in the Cournot solution. Both China Southern Airlines and China Eastern Airlines demonstrate competitive behaviours somewhere between Bertrand and Cournot. However, the former is closer to Cournot, whereas the latter is closer to Bertrand. We also find that the competition among the three carriers becomes more intense over time.
机译：本文研究了由中国三大航空公司主导的三条最繁忙航线的市场行为。发现三大中国航空公司的竞争策略彼此不同。通常，国航的市场行为与古诺解决方案中描述的行为一致。中国南方航空和中国东方航空均表现出伯特兰和古诺之间的竞争行为。但是，前者更接近古诺，而后者更接近贝特朗。我们还发现，随着时间的推移，这三个运营商之间的竞争变得更加激烈。

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  • 来源
    《Journal of transport economics and policy》 |2013年第3期|335-347|共13页
  • 作者

    Qiong Zhang; Hangjun Yang; Qiang Wang;

  • 作者单位

    School of International Trade and Economics, University of International Business and Economics, and School of Mathematics and Computer, Anhui Normal University;

    School of International Trade and Economics, University of International Business and Economics, 10 Huixindong St., Beijing, 100029, China;

    School of International Trade and Economics, University of International Business and Economics;

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