| Oliver Richard, University of Rochester |
| An Empirical Analysis of Marketing Alliances Between Major US Airlines |
| Session: C-8-20 Monday 14 August 2000 by Richard, Oliver |
| The paper proposes an empirical framework with endogenous flight frequency and quantity decisions on an airline market. The framework is built around the hypothesis that passengers value not only the ticket price but also the cost of delay associated with an airline. At sample mean values, the cost of delay is estimated to account for 34% of the \$280 full price of a seat on a flight. |
| Submitted paper full-text in .pdf |