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Pricing Behaviour and Non-Price Characteristics in the Airline Industry (Hardcover)
Loot Price: R4,154
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Pricing Behaviour and Non-Price Characteristics in the Airline Industry (Hardcover)
Series: Advances in Airline Economics
Expected to ship within 12 - 17 working days
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Stepped-up competition in the airline industry over the past 40
years profoundly changed how carriers set fares. Chapters in this
volume contribute to our understanding of fare determination in
this industry by examining carrier pricing behavior, such as
non-linear pricing, pricing decisions associated with strategic
alliances, competition from low cost carriers, and the challenges
faced by carriers experiencing financial distress. These
contributions present nuanced analyses of fare determination that
include new ways of examining whether the prices charged by
carriers are consumer welfare-enhancing. Examination of airline
carrier pricing only tells part of the story of firm behavior, as
analysis of carriers' ability to provide quality services is also
significant in understanding the economics of this industry. This
volume includes chapters examining non-price characteristics of
business operations, such as frequency of service, passenger
safety, availability of aircraft types for different transportation
services, and the geographic distribution of air
transportation-related noise by aircraft departures and arrivals at
airports.
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