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リン ミンシン
LIN Minghsin
林 明信 所属 大阪経済大学 経済学部 経済学科 職種 教授 |
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言語種別 | 英語 |
発行・発表の年月 | 2015 |
形態種別 | 学術雑誌 |
査読 | 査読あり |
標題 | Airline Network Competition with New Brand Subsidiaries |
執筆形態 | 単著 |
掲載誌名 | Journal of Transport Economics and Policy |
掲載区分 | 国外 |
出版社・発行元 | London School of Economics and University of Bath |
巻・号・頁 | 49(1),pp.58-78 |
概要 | This paper investigates airline network competition where two (identical) hub carriers aim to establish new subsidiaries offering differentiated non-stop services on their rim-routes. Each of them may retain a hub or shift to a mix (or point-to-point) network cooperating with its subsidiary. We find that each chooses a mix (hub) network when passengers' product differentiation is large (small). We also find that one carrier chooses a hub and the other chooses a mix network when the differentiation is intermediate. Our welfare analysis shows that each network pair competition worsens welfare compared with a monopoly hub or mix network. |