000 03938nam a22005055i 4500
001 978-0-387-24242-2
003 DE-He213
005 20250710083931.0
007 cr nn 008mamaa
008 100301s2005 xxu| s |||| 0|eng d
020 _a9780387242422
_a99780387242422
024 7 _a10.1007/b104927
_2doi
082 0 4 _a338.6
_223
100 1 _aBen-Yosef, Eldad.
_eauthor.
245 1 4 _aThe Evolution of the US Airline Industry
_h[recurso electrónico] :
_bTheory, Strategy and Policy /
_cby Eldad Ben-Yosef.
264 1 _aBoston, MA :
_bSpringer US,
_c2005.
300 _aX, 296 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _arecurso en línea
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aStudies in Industrial Organization,
_x0924-4646 ;
_v25
505 0 _aEconomic Deregulation -- Deregulation -- Aircraft -- Destructive Competition -- Noise And Safety Regulation -- Social Regulation -- Noise Regulation -- Safety Regulation -- Overview -- Competition -- Yield Management -- What Next? -- On Theory and Policy Implications.
520 _aThe Evolution of the US Airline Industry discusses the evolution of the hub-and-spoke network system and the associated price discrimination strategy, as the post-deregulation dominant business model of the major incumbent airlines and its breakdown in the early 2000s. It highlights the role that aircraft - as a production input - and the aircraft manufacturers' strategy have played in shaping this dominant business model in the 1990s. Fierce competition between Airbus and Boeing and plummeting new aircraft prices in the early 2000s have fueled low-cost competition of unprecedented scope, that destroyed the old business model. The impact of the manufacturers' strategy on these trends has been overlooked by industry observers, who have traditionally focused on the demand for air travel and labor costs as the most critical elements in future trends and survivability of major network airlines. The book debates the impact and merit of government regulation of the industry. It examines uncertainty, information problems, and interest group structures that have shaped environmental and safety regulations. These regulations disregard market signals and deviate from standard economic principles of social efficiency and public interest. The Evolution of the US Airline Industry also debates the applicability of traditional antitrust analysis and policies, which conflict with the complex dynamics of real-life airline competition. It questions the regulator's ability to interpret industry conduct in real time, let alone predict or change its course towards a "desirable" direction. The competitive response of the low-cost startup airlines surprised many antitrust proponents, who believed the major incumbent airlines practically blocked significant new entry. This creative market response, in fact, destroyed the major incumbents' power to discriminate pricing - a task the antitrust efforts failed to accomplish.
650 0 _aECONOMICS.
650 0 _aAERONAUTICS
_xLAW AND LEGISLATION.
650 0 _aECONOMIC POLICY.
650 0 _aINDUSTRIAL ORGANIZATION (ECONOMIC THEORY).
650 0 _aENVIRONMENTAL ECONOMICS.
650 0 _aCOMMERCIAL LAW.
650 1 4 _aECONOMICS/MANAGEMENT SCIENCE.
650 2 4 _aINDUSTRIAL ORGANIZATION.
650 2 4 _aECONOMIC POLICY.
650 2 4 _aLAW AND ECONOMICS.
650 2 4 _aAIR AND SPACE LAW.
650 2 4 _aENVIRONMENTAL ECONOMICS.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9780387242132
830 0 _aStudies in Industrial Organization,
_x0924-4646 ;
_v25
856 4 0 _uhttp://dx.doi.org/10.1007/b104927
_zVer el texto completo en las instalaciones del CICY
912 _aZDB-2-SBE
942 _2ddc
_cER
999 _c56320
_d56320