| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4306 |
| DP4306 Tournaments: There Is More Than Meets the Eye | |
| Gil S Epstein; Shmuel Nitzan | |
| 发表日期 | 2004-03-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | The aim of this Paper is to evaluate simultaneously market power and the incentives faced by carriers to improve efficiency, taking into account the regulatory changes that have affected the European airline industry. We construct and estimate a model that includes demand, capacity, and cost equations. The latter accounts for inefficiency and cost-reducing effort. Using a non-nested test and observations on the largest European airlines between 1985 and 1999, we show the importance of following such an approach. We also find that the introduction of the last EU package of deregulatory measures has affected carriers? behaviour in a significant manner. |
| 主题 | Industrial Organization |
| 关键词 | Regulation Incentives Efficiency Competition Airlines |
| URL | https://cepr.org/publications/dp4306 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533266 |
| 推荐引用方式 GB/T 7714 | Gil S Epstein,Shmuel Nitzan. DP4306 Tournaments: There Is More Than Meets the Eye. 2004. |
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