Notice bibliographique
- Notice
Type(s) de contenu et mode(s) de consultation : Texte noté : électronique
Auteur(s) : Ben-Yosef, Eldad
Titre(s) : The evolution of the US airline industry [Texte électronique] : theory, strategy and policy / by Eldad Ben-Yosef
Publication : Dordrecht : Springer, c 2005
Description matérielle : 1 ressource dématérialisée
Collection : Studies in industrial organization ; v. 25
Note(s) : Includes bibliographical references (pages 289-291) and index
"The Evolution of the US Airline Industry discusses the evolution of the hub-and-spoke
network system and the associated price discrimination strategy as the post-deregulation
dominant business model of the major incumbent airlines and its breakdown in the early
2000s. It highlights the role that aircraft - as a production input - and the aircraft
manufacturers' strategy have played in shaping the dominant business model in the
1990s. Fierce competition between Airbus and Boeing and plummeting new aircraft prices
in the early 2000s has fueled low-cost competition of unprecedented scope that destroyed
the old business model. The impact of the manufacturer's strategy on these trends
has been overlooked by industry observers who have traditionally focused on the demand
for air travel and labor costs as the most critical elements in future trends and
survivability of major network airlines." "It debates the impact and merit of government
regulation of the industry. It examines uncertainty, information problems, and interest
group structures that have shaped environmental and safety regulations. These regulations
disregard market signals and deviate from standard economic principles of social efficiency
and public interest. The Evolution of the US Airline Industry also debates the applicability
of traditional antitrust analysis and policies, which conflict with the complex-dynamics
of real-life airline competition. It questions the regulator's ability to interpret
industry conduct in real-time, let alone predict or change its course towards a "desirable"
direction. The competitive response of the low-cost startup airlines surprised many
antitrust proponents who believed the major incumbent airlines practically blocked
significant new entry. This creative market response, in fact, destroyed the major
incumbents' power to discriminate pricing - a task the antitrust efforts failed to
accomplish."--Jacket
Sujet(s) : Compagnies de transport aérien -- États-Unis -- Histoire
Transports aériens -- États-Unis -- Histoire
Indice(s) Dewey :
387.709 73 (23e éd.) = Transports aériens - États-Unis
Identifiants, prix et caractéristiques : ISBN 9780387242422
Identifiant de la notice : ark:/12148/cb44641426x
Notice n° :
FRBNF44641426
(notice reprise d'un réservoir extérieur)
Table des matières : pt. I. Economic deregulation. Deregulation ; Aircraft ; Destructive competition ;
pt. II. Noise and safety regulation. Special regulation ; Noise regulation ; Safety
regulation ; pt. III. Competition. Yield management ; What next? ; On theory and
policy implication.
