| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5050 |
| DP5050 Measuring Income Elasticity for Swiss Money Demand: What Do the Cantons Say About Financial Innovation? | |
| Andreas Fischer | |
| 发表日期 | 2005-05-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | We consider an empirical model of worldwide airlines? alliances that we apply to a large set of companies for the period 1995-2000, with special attention to US and EU carriers. From the estimation of a cost, capacity and demand system that accounts for cross-price elasticities, we attempt to shed light on several interesting issues: First, we analyse whether alliance members? networks are complements or substitutes. Second, we construct price-cost margins and test several hypothesis of non-cooperative behaviour such as individual Nash and joint price setting within the alliance. We suggest that current alliances' pricing habits are not uniform and range from individual Nash to more competitive behaviours. |
| 主题 | Industrial Organization |
| 关键词 | Alliances Airline Cross-price elasticities Nash behaviour |
| URL | https://cepr.org/publications/dp5050 |
| 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/533947 |
| 推荐引用方式 GB/T 7714 | Andreas Fischer. DP5050 Measuring Income Elasticity for Swiss Money Demand: What Do the Cantons Say About Financial Innovation?. 2005. |
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