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- W653754807 abstract "Much has been written regarding the relatively high air fares that exist in airline markets dominated by the traditional, high cost carriers. High ticket prices are especially prevalent in short- to medium-haul airline markets radiating form so-called fortress hubs; indeed, this discriminatory pricing strategy has become nearly synonymous with the deregulated marketplace. But what, if anything, is the socioeconomic impact of such market based pricing? Do high air fares prevent middle class travelers in affected communities from enjoying short- and medium-haul airline transportation, or are high rates simply keeping those people in their automobiles for all travel with the exception of critical intercity business trips? Utilizing data from two 1995 passenger travel surveys --the American Travel Survey and the Origin & Destination Study of Airline Passengers - we found considerable evidence to support the hypothesis that market based pricing has indeed kept average residents in many U.S. cities from enjoying the expected economic benefits of deregulation." @default.
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- W653754807 date "1998-01-01" @default.
- W653754807 modified "2023-09-23" @default.
- W653754807 title "Social impacts of airline pricing" @default.
- W653754807 doi "https://doi.org/10.22004/ag.econ.311978" @default.
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