Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1031501 | Journal of Air Transport Management | 2008 | 7 Pages |
Abstract
This paper examines variation in airline fares for trips in a medium-size travel market. It develops a conceptual model of fares offered, and uses daily information about fare, plane and flight characteristics, and trip characteristics easily available on the internet. Based on this information it estimates a two-way fixed effects model of airline fares. The results show large differences in fares among the airlines, large variation in daily fares offered, and provide evidence of fare differentiation in the travel market analyzed.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Strategy and Management
Authors
K. Obeng,