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An Empirical Analysis of Inter-firm Rivalry between Japanese Full-Service and Low-Cost Carriers [PDF]

, 2007
This paper empirically analyzes dynamic change in inter-firm rivalry betwee Japanese low-cost carriers (hereafter, LCCs) and full-service carriers (hereafter, FSCs), by estimating each carrier' s conduct parameters, and it deduces the dynamic change in consumer surplus after an LCC enters a market by estimating structural demand and airfare equations ...
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