메뉴 건너뛰기




Volumn 24, Issue , 2012, Pages 223-233

Competition in the European aviation market: the entry of low-cost airlines

Author keywords

European airline market; Low cost carriers; Pricing strategies; Yield management

Indexed keywords

AIRLINE INDUSTRY; COMPETITION (ECONOMICS); EMPIRICAL ANALYSIS; MARKET CONDITIONS; NUMERICAL MODEL; PRICE DETERMINATION;

EID: 84865164971     PISSN: 09666923     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jtrangeo.2012.02.008     Document Type: Article
Times cited : (83)

References (65)
  • 1
    • 17644391326 scopus 로고    scopus 로고
    • Impact of the adherence to the original low-cost model on the profitability of low-cost airlines
    • Alamdari F., Fagan S. Impact of the adherence to the original low-cost model on the profitability of low-cost airlines. Transport Reviews 2005, 25:377-392.
    • (2005) Transport Reviews , vol.25 , pp. 377-392
    • Alamdari, F.1    Fagan, S.2
  • 2
    • 76349114821 scopus 로고    scopus 로고
    • Non-linear pricing in asymmetric duopoly
    • Alderighi M. Non-linear pricing in asymmetric duopoly. Australian Economic Papers 2008, 46:205-222.
    • (2008) Australian Economic Papers , vol.46 , pp. 205-222
    • Alderighi, M.1
  • 4
    • 85077390164 scopus 로고
    • Estimating discrete-choice models of product differentiation
    • Berry S. Estimating discrete-choice models of product differentiation. RAND Journal of Economics 1994, 25:242-262.
    • (1994) RAND Journal of Economics , vol.25 , pp. 242-262
    • Berry, S.1
  • 5
    • 0001307856 scopus 로고
    • Hubs and high fares: dominance and market power in the US airline industry
    • Borenstein S. Hubs and high fares: dominance and market power in the US airline industry. RAND Journal of Economics 1989, 20:344-365.
    • (1989) RAND Journal of Economics , vol.20 , pp. 344-365
    • Borenstein, S.1
  • 6
    • 0000454826 scopus 로고
    • Competition and price dispersion in the US Airline Industry
    • Borenstein S., Rose N. Competition and price dispersion in the US Airline Industry. Journal of Political Economy 1994, 102:653-683.
    • (1994) Journal of Political Economy , vol.102 , pp. 653-683
    • Borenstein, S.1    Rose, N.2
  • 8
    • 0038267041 scopus 로고
    • Peak load pricing with stochastic demand
    • Carlton D.W. Peak load pricing with stochastic demand. American Economic Review 1977, 67:1006-1010.
    • (1977) American Economic Review , vol.67 , pp. 1006-1010
    • Carlton, D.W.1
  • 9
    • 84865177417 scopus 로고    scopus 로고
    • Challenge to the Airline Industry: Emergence of Crises and Low-cost Carriers. PhD Thesis, Free University of Amsterdam, Mimeo
    • Cento, A., 2006. Challenge to the Airline Industry: Emergence of Crises and Low-cost Carriers. PhD Thesis, Free University of Amsterdam, Mimeo.
    • (2006)
    • Cento, A.1
  • 10
    • 0036303073 scopus 로고    scopus 로고
    • European major airline' strategic reaction to the Third Package
    • Chang Y., Williams G. European major airline' strategic reaction to the Third Package. Transport Policy 2002, 9:129-142.
    • (2002) Transport Policy , vol.9 , pp. 129-142
    • Chang, Y.1    Williams, G.2
  • 11
    • 67649441079 scopus 로고    scopus 로고
    • Carriers' pricing behaviors in the United States airline industry
    • Chi J., Koo W.W. Carriers' pricing behaviors in the United States airline industry. Transportation Research Part E 2009, 45:710-724.
    • (2009) Transportation Research Part E , vol.45 , pp. 710-724
    • Chi, J.1    Koo, W.W.2
  • 12
    • 84865172257 scopus 로고    scopus 로고
    • Is the Effect of Competition on Price Dispersion Non-monotonic? Evidence from the US Airline Industry, Mimeo
    • Dai, M., Liu, Q., Serfes, K., 2010. Is the Effect of Competition on Price Dispersion Non-monotonic? Evidence from the US Airline Industry, Mimeo.
    • (2010)
    • Dai, M.1    Liu, Q.2    Serfes, K.3
  • 13
    • 0000270048 scopus 로고    scopus 로고
    • Advance-purchase discounts and price discrimination in competitive markets
    • Dana D.J. Advance-purchase discounts and price discrimination in competitive markets. Journal of Political Economy 1998, 106:395-422.
    • (1998) Journal of Political Economy , vol.106 , pp. 395-422
    • Dana, D.J.1
  • 14
    • 0033436563 scopus 로고    scopus 로고
    • Using yield management to shift demand when the peak time is unknown
    • Dana D.J. Using yield management to shift demand when the peak time is unknown. RAND Journal of Economics 1999, 30:456-474.
    • (1999) RAND Journal of Economics , vol.30 , pp. 456-474
    • Dana, D.J.1
  • 15
    • 0033266650 scopus 로고    scopus 로고
    • Equilibrium price dispersion under demand uncertainty: the role of costly capacity and market structure
    • Dana D.J. Equilibrium price dispersion under demand uncertainty: the role of costly capacity and market structure. RAND Journal of Economics 1999, 30:632-660.
    • (1999) RAND Journal of Economics , vol.30 , pp. 632-660
    • Dana, D.J.1
  • 16
    • 33745144331 scopus 로고    scopus 로고
    • An analysis of European low-cost airlines and their networks
    • Dobruszkes F. An analysis of European low-cost airlines and their networks. Journal of Transport Geography 2006, 14:249-264.
    • (2006) Journal of Transport Geography , vol.14 , pp. 249-264
    • Dobruszkes, F.1
  • 17
    • 69449095463 scopus 로고    scopus 로고
    • New Europe, new low-cost air services
    • Dobruszkes F. New Europe, new low-cost air services. Journal of Transport Geography 2009, 17:423-432.
    • (2009) Journal of Transport Geography , vol.17 , pp. 423-432
    • Dobruszkes, F.1
  • 18
    • 79957494284 scopus 로고    scopus 로고
    • An analysis of the determinants of air traffic volume for European metropolitan areas
    • Dobruszkes F., Lennert M., Van Hamme G. An analysis of the determinants of air traffic volume for European metropolitan areas. Journal of Transport Geography 2010, 19:755-762.
    • (2010) Journal of Transport Geography , vol.19 , pp. 755-762
    • Dobruszkes, F.1    Lennert, M.2    Van Hamme, G.3
  • 21
    • 21344489506 scopus 로고
    • Endogeneity in the concentration-price relationship: causes, consequences, and cures
    • Evans W.N., Froeb L.M., Werden G.T. Endogeneity in the concentration-price relationship: causes, consequences, and cures. Journal of Industrial Economics 1993, 41(4):431-438.
    • (1993) Journal of Industrial Economics , vol.41 , Issue.4 , pp. 431-438
    • Evans, W.N.1    Froeb, L.M.2    Werden, G.T.3
  • 22
    • 79957529180 scopus 로고    scopus 로고
    • Price rivalry in airline markets: a study of a successful strategy of a network carrier against a low-cost carrier
    • Fageda X., Jiménez J.L., Perdiguero J. Price rivalry in airline markets: a study of a successful strategy of a network carrier against a low-cost carrier. Journal of Transport Geography 2010, 19:658-669.
    • (2010) Journal of Transport Geography , vol.19 , pp. 658-669
    • Fageda, X.1    Jiménez, J.L.2    Perdiguero, J.3
  • 25
    • 1642570353 scopus 로고    scopus 로고
    • Competition between network carriers and low-cost carriers-retreat battle or breakthrough to a new level of efficiency?
    • Franke M. Competition between network carriers and low-cost carriers-retreat battle or breakthrough to a new level of efficiency?. Journal of Air Transport Management 2004, 10:15-21.
    • (2004) Journal of Air Transport Management , vol.10 , pp. 15-21
    • Franke, M.1
  • 26
    • 79957573319 scopus 로고    scopus 로고
    • The functioning of inter-modal competition in the transportation market: evidence from the entry of low-cost airlines in Germany
    • Friebel G., Niffka M. The functioning of inter-modal competition in the transportation market: evidence from the entry of low-cost airlines in Germany. Review of Network Economics 2009, 8:189-211.
    • (2009) Review of Network Economics , vol.8 , pp. 189-211
    • Friebel, G.1    Niffka, M.2
  • 27
    • 62749139638 scopus 로고    scopus 로고
    • Does competition reduce price dispersion? New evidence from the airline industry
    • Gerardi K.S., Shapiro A.H. Does competition reduce price dispersion? New evidence from the airline industry. Journal of Political Economy 2009, 117:1-37.
    • (2009) Journal of Political Economy , vol.117 , pp. 1-37
    • Gerardi, K.S.1    Shapiro, A.H.2
  • 28
    • 65549086405 scopus 로고    scopus 로고
    • The good, the bad and the ugly: 30years of US airline deregulation
    • Goetz A.R., Vowles T.M. The good, the bad and the ugly: 30years of US airline deregulation. Journal of Transport Geography 2009, 17:251-263.
    • (2009) Journal of Transport Geography , vol.17 , pp. 251-263
    • Goetz, A.R.1    Vowles, T.M.2
  • 29
    • 55649123755 scopus 로고    scopus 로고
    • How do incumbents respond to the threat of entry? Evidence from the major airlines
    • Goolsbee A., Syverson C. How do incumbents respond to the threat of entry? Evidence from the major airlines. Quarterly Journal of Economics 2008, 123:1611-1633.
    • (2008) Quarterly Journal of Economics , vol.123 , pp. 1611-1633
    • Goolsbee, A.1    Syverson, C.2
  • 30
    • 67349173162 scopus 로고    scopus 로고
    • Different models in different spaces or liberalized optimizations? Competitive strategie3s among low-cost carriers
    • Graham M. Different models in different spaces or liberalized optimizations? Competitive strategie3s among low-cost carriers. Journal of Transport Geography 2009, 17:306-516.
    • (2009) Journal of Transport Geography , vol.17 , pp. 306-516
    • Graham, M.1
  • 31
    • 33744498148 scopus 로고    scopus 로고
    • The value of peripatetic economists: a sesqui-difference evaluation of bob gregory
    • Hamermesh D.S. The value of peripatetic economists: a sesqui-difference evaluation of bob gregory. The Economic Record 2006, 82:136-149.
    • (2006) The Economic Record , vol.82 , pp. 136-149
    • Hamermesh, D.S.1
  • 32
    • 0032409185 scopus 로고    scopus 로고
    • Is airline price dispersion the result of careful planning or competitive forces?
    • Hayes K.J., Ross L.B. Is airline price dispersion the result of careful planning or competitive forces?. Review of Industrial Organization 1998, 13:523-541.
    • (1998) Review of Industrial Organization , vol.13 , pp. 523-541
    • Hayes, K.J.1    Ross, L.B.2
  • 33
    • 0000538316 scopus 로고
    • The effects of third-degree price discrimination in oligopoly
    • Holmes T.J. The effects of third-degree price discrimination in oligopoly. American Economic Review 1989, 79:244-250.
    • (1989) American Economic Review , vol.79 , pp. 244-250
    • Holmes, T.J.1
  • 34
    • 0002860654 scopus 로고
    • Stability in competition
    • Hotelling H. Stability in competition. Economic Journal 1929, 39:41-57.
    • (1929) Economic Journal , vol.39 , pp. 41-57
    • Hotelling, H.1
  • 35
    • 0000365030 scopus 로고
    • Firm-specific differentiation and competition among multiproduct firms
    • Katz M.L. Firm-specific differentiation and competition among multiproduct firms. Journal of Business 1984, 57:S149-S166.
    • (1984) Journal of Business , vol.57
    • Katz, M.L.1
  • 37
    • 84865172259 scopus 로고    scopus 로고
    • The Effect of Market Structure on Price Dispersion: An Analysis of the US Airline Industry, Mimeo
    • Liu, Q., 2003. The Effect of Market Structure on Price Dispersion: An Analysis of the US Airline Industry, Mimeo.
    • (2003)
    • Liu, Q.1
  • 38
    • 39649086899 scopus 로고    scopus 로고
    • Willingness to pay for airline service quality
    • Martin J.C., Roman C., Espino R. Willingness to pay for airline service quality. Transport Review 2008, 29:199-217.
    • (2008) Transport Review , vol.29 , pp. 199-217
    • Martin, J.C.1    Roman, C.2    Espino, R.3
  • 40
    • 0034017938 scopus 로고    scopus 로고
    • The propensity of business travellers to use low cost airlines
    • Mason K.J. The propensity of business travellers to use low cost airlines. Journal of Transport Geography 2000, 8:107-119.
    • (2000) Journal of Transport Geography , vol.8 , pp. 107-119
    • Mason, K.J.1
  • 41
    • 65049086025 scopus 로고    scopus 로고
    • Towards a means of consistently comparing airline business models with an application to the 'low cost' airline sector
    • Mason K.J., Morrison W.G. Towards a means of consistently comparing airline business models with an application to the 'low cost' airline sector. Research in Transportation Economics 2008, 24:75-84.
    • (2008) Research in Transportation Economics , vol.24 , pp. 75-84
    • Mason, K.J.1    Morrison, W.G.2
  • 42
    • 12144271745 scopus 로고    scopus 로고
    • The entrepreneur's business model: toward a unified perspective
    • Morris M., Schindehutte M., Allen J. The entrepreneur's business model: toward a unified perspective. Journal of Business Research 2005, 58(6):726-735.
    • (2005) Journal of Business Research , vol.58 , Issue.6 , pp. 726-735
    • Morris, M.1    Schindehutte, M.2    Allen, J.3
  • 44
    • 0031860602 scopus 로고    scopus 로고
    • Spatial multi-product pricing: empirical evidence on intra-European duopoly airline market
    • Nero G. Spatial multi-product pricing: empirical evidence on intra-European duopoly airline market. Applied Economics 1998, 30:465-475.
    • (1998) Applied Economics , vol.30 , pp. 465-475
    • Nero, G.1
  • 46
    • 78649818964 scopus 로고    scopus 로고
    • Air transport liberalization and its impacts on airline competition and air passenger traffic
    • Oum T.H., Zhang A., Fu X. Air transport liberalization and its impacts on airline competition and air passenger traffic. Transportation Journal 2010, 49:24-41.
    • (2010) Transportation Journal , vol.49 , pp. 24-41
    • Oum, T.H.1    Zhang, A.2    Fu, X.3
  • 47
    • 33745122643 scopus 로고    scopus 로고
    • The impact of low-cost carriers on catchment areas of established international airports: the case of Hanover Airport, Germany
    • Pantazis N., Liefner I. The impact of low-cost carriers on catchment areas of established international airports: the case of Hanover Airport, Germany. Journal of Transport Geography 2006, 14:265-272.
    • (2006) Journal of Transport Geography , vol.14 , pp. 265-272
    • Pantazis, N.1    Liefner, I.2
  • 48
    • 84937313167 scopus 로고
    • Pricing and performance in monopoly airline markets
    • Peteraf M.A., Reed R. Pricing and performance in monopoly airline markets. Journal of Law and Economics 1994, 37:193-213.
    • (1994) Journal of Law and Economics , vol.37 , pp. 193-213
    • Peteraf, M.A.1    Reed, R.2
  • 50
    • 84865164096 scopus 로고    scopus 로고
    • Business Travel as an Input to International Trade, Mimeo
    • Poole, J.P., 2009. Business Travel as an Input to International Trade, Mimeo.
    • (2009)
    • Poole, J.P.1
  • 52
    • 0036181349 scopus 로고    scopus 로고
    • Non-linear pricing with random participation
    • Rochet J.C., Stole L.A. Non-linear pricing with random participation. Review of Economic Studies 2002, 69:277-311.
    • (2002) Review of Economic Studies , vol.69 , pp. 277-311
    • Rochet, J.C.1    Stole, L.A.2
  • 55
    • 23044524345 scopus 로고    scopus 로고
    • Price discrimination in the airline market: the effect of market concentration
    • Stavins J. Price discrimination in the airline market: the effect of market concentration. Review of Economics and Statistics 2001, 83:200-202.
    • (2001) Review of Economics and Statistics , vol.83 , pp. 200-202
    • Stavins, J.1
  • 58
    • 0034061119 scopus 로고    scopus 로고
    • The effect of low fare air carriers on airfares in the US
    • Vowles T.M. The effect of low fare air carriers on airfares in the US. Journal of Transport Geography 2000, 8:121-128.
    • (2000) Journal of Transport Geography , vol.8 , pp. 121-128
    • Vowles, T.M.1
  • 59
    • 0034922536 scopus 로고    scopus 로고
    • The "Southwest Effect" in multi-airport regions
    • Vowles T.M. The "Southwest Effect" in multi-airport regions. Journal of Air Transport Management 2001, 7:251-258.
    • (2001) Journal of Air Transport Management , vol.7 , pp. 251-258
    • Vowles, T.M.1
  • 60
    • 0001077959 scopus 로고
    • A taxonomy and research overview of perishable-asset revenue management: yield management, overbooking, and pricing
    • Weatherford L.R., Bodily S.E. A taxonomy and research overview of perishable-asset revenue management: yield management, overbooking, and pricing. Operations Research 1992, 5:831-844.
    • (1992) Operations Research , vol.5 , pp. 831-844
    • Weatherford, L.R.1    Bodily, S.E.2
  • 61
  • 62
    • 0003464938 scopus 로고
    • Oxford University Press, Oxford
    • Wilson R. Nonlinear Pricing 1993, Oxford University Press, Oxford.
    • (1993) Nonlinear Pricing
    • Wilson, R.1
  • 63
    • 21344434516 scopus 로고
    • The short and long run effects of entry on US domestic air routes
    • Windle R.J., Dresner M.E. The short and long run effects of entry on US domestic air routes. Transportation Journal 1995, 35:14-25.
    • (1995) Transportation Journal , vol.35 , pp. 14-25
    • Windle, R.J.1    Dresner, M.E.2
  • 65
    • 41949093165 scopus 로고    scopus 로고
    • Nonlinear pricing, market coverage, and competition
    • Yang H., Ye L. Nonlinear pricing, market coverage, and competition. Theoretical Economics 2008, 3:123-153.
    • (2008) Theoretical Economics , vol.3 , pp. 123-153
    • Yang, H.1    Ye, L.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.