Electronic Resource
Springer
Review of industrial organization
10 (1995), S. 541-557
ISSN:
1573-7160
Keywords:
Airlines
;
entry
;
discrete choice econometric models
;
hub-and-spoke systems
Source:
Springer Online Journal Archives 1860-2000
Topics:
Economics
Notes:
Abstract This article considers the effect of airline hub-and-spoke systems on the entry and exit behavior of rival firms in the U.S. airline industry. An analysis of simple entry and exit decisions provides insight into equilibrium conditions that are used to specify discrete choice econometric models. The empirical evidence indicates that hub-and-spoke network characteristics are significant determinants of entry and exit decisions in individual citypair markets.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF01026880
Permalink
|
Location |
Call Number |
Expected |
Availability |