How airlines market work...or do they? : regulatory reform in the airline industry / Severin Borenstein, Nancy L. Rose
- NBER working paper series ; working paper no. 13452
- Following a brief review of the U.S. domestic airline industry under regulation (1938-1978), we study the changes that have occurred in pricing, service, and competition in the 28 years since deregulation. We then examine some of the major public policy issues facing the industry: (a) the sustainability of competition and volatility of airline profits, (b) possible market power of dominant airlines, and (c) congestion and investment shortfall in the airport and air traffic infrastructure.
- "September 2007."
- Bibliography Note:
- Includes bibliographical references.
- Other Forms:
- Also available in PDF from the NBER world wide web site (www.nber.org).
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