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Price dispersion and competition in European airline markets

✍ Scribed by Andy Obermeyer; Christos Evangelinos; Ronny Püschel


Book ID
118461164
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
128 KB
Volume
26
Category
Article
ISSN
0969-6997

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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