Work

Modelling Airlines Competition on Fares and Frequencies of Service by Bi-level Optimization

Year: 2011

Type: conference-paper

Abstract: The research aims to understand how airlines make operative decisions on fares and frequencies of service in a competitive envi-ronment. A game approach has been developed to model the airlines’ choices in a duopolistic market. In particular, the short haul market for intercity linkages has been investigated. In this segment the air mode is in competition with other ground modes (i.e. road and high speed rail). A bi-level optimization program has been realized. The variables of model are: fares and frequencies of airlines.

Source: Procedia - Social and Behavioral Sciences

DOI: 10.1016/j.sbspro.2011.08.117

Authors: Pietro Zito, Giuseppe Salvo, Luigi La Franca

Institution: University of Palermo

Language: English

Topic: Aviation Industry Analysis and Trends

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W1966695318

FWCI: 17.86

Cites: 17

Cited by: 18

Related to: 10