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- W587060583 abstract "How airlines compete and the desirability of government intervention to control airline competition must be among the most studied of regulatory questions. This paper proposes to analyze the behavior of deregulated airline markets by uncovering and classifying the strategies successfully used by firms, especially holdover firms, to regenerate rents. Because rents are generated by deviations from perfect contestability and because traditional industrial organization theory does not predict many such deviations for the airline industry, each successful strategy must represent the exploitation of an underlying market feature or features not readily explainable by standard industrial organization characterization of the airline industry." @default.
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- W587060583 date "1994-01-01" @default.
- W587060583 modified "2023-09-26" @default.
- W587060583 title "AIRLINE COMPETITION IN DEREGULATED MARKETS: THEORY, FIRM STRATEGY, AND PUBLIC POLICY" @default.
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