Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/85577 
Year of Publication: 
1998
Series/Report no.: 
Tinbergen Institute Discussion Paper No. 98-073/3
Publisher: 
Tinbergen Institute, Amsterdam and Rotterdam
Abstract: 
In this paper a model, based on the nested multinomial logit model, is used to analyze airport competition and airline competition in a multiple airport region. It is shown that if the frequency elasticity of demand is smaller than 1, airfare-frequency and airport tax equilibria exist and are unique.Symmetric equilibria are derived analytically and their properties are discussed. Asymmetric equilibria are obtained numerically, and their properties are discussed.
Document Type: 
Working Paper

Files in This Item:
File
Size
108.77 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.