Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1132558 | Transportation Research Part B: Methodological | 2009 | 14 Pages |
Abstract
This paper develops a model of airport and airline competition in a three-stage game. We analyse incentives for vertical collusion between one airport and one airline that compete with another airport and another airline, by means of static and dynamic games. We find that incentives for collusion exist when airports and airlines have different market sizes and, under certain conditions, also when secondary airports and low cost airlines compete with main airports and full service airlines.
Keywords
Related Topics
Social Sciences and Humanities
Decision Sciences
Management Science and Operations Research
Authors
Cristina Barbot,