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Market structure, market share, and profits in the airline industry

✍ Scribed by Bahram Adrangi; Garland Chow; Richard Gritta

Book ID: 112728905
Publisher: Springer US
Year: 1991
Tongue: English
Weight: 73 KB
Volume: 19
Category: Article
ISSN: 0197-4254
DOI: 10.1007/bf02303302

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In this paper, we study the market power of European airlines in an oligopoly structure with product differentiation for the period 1976-1990 and test the monopoly hypothesis (Captain, 1993). The paper analyzes the level of competition among eight major European airlines and finds little evidence fo