首页> 外文期刊>The Singapore economic review >AN EMPIRICAL ANALYSIS OF THE EFFECT OF MULTIMARKET CONTACTS ON US AIR CARRIERS' PRICING BEHAVIORS
【24h】

AN EMPIRICAL ANALYSIS OF THE EFFECT OF MULTIMARKET CONTACTS ON US AIR CARRIERS' PRICING BEHAVIORS

机译:多市场接触对美国航空客机定价行为影响的实证分析

获取原文
获取原文并翻译 | 示例
           

摘要

A number of empirical studies have shown that multimarket contacts facilitate collusive behaviors between full-service carriers (FSCs) in the US airline industry. This paper empirically investigates the effects of multimarket contacts on air carriers' pricing behaviors and highlights those of low-cost carriers (LCCs) and FSCs as well as those among LCCs. Simultaneous demand and price (pseudo-supply) equations are estimated to derive these impacts of multimarket contacts in the top 30 air markets in the US multimarket contacts among FSCs do lead to collusive setting of high airfares. However, the effect of multimarket contacts is lower among LCCs, and the degree depends on the number of LCCs in a market. The airfares of LCCs remain low, even though there are multimarket contacts among LCCs. These results suggest that the behaviors of LCCs are not affected by multimarket contacts.
机译:大量的经验研究表明,多市场联系促进了美国航空业全方位服务承运人(FSC)之间的串通行为。本文通过实证研究了多市场联系对航空承运人定价行为的影响,并重点介绍了低成本航空(LCC)和FSC以及低成本航空之间的行为。估计同时需求和价格(伪供应)方程式可以得出美国前30个航空市场中多市场联系的这些影响,而FSC之间的多市场联系确实会导致高票价的共谋。但是,在LCC中,多市场联系的效果较低,并且程度取决于市场中LCC的数量。即使LCC之间存在多市场联系,LCC的机票价格仍然较低。这些结果表明,LCC的行为不受多市场联系的影响。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号