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archives: Vol. 2, Issue 1 - March 2003
Abstract
An Assessment of Some Recent Criticisms of the U.S. Airline Industry
The Review of Network Economics
Vol. 2, Issue 1 - March 2003, pp 1-9
Author
Abstract
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This article reviews a recent paper by Brock (2000) analyzing developments in the airline industry. Using Department of Transportation data, we attempt to verify a number of assertions made by Brock regarding changes in industry concentration and prices throughout the 1990s. We also compare a number of Brock's other concerns regarding the industry to well-known findings from the airline economics literature.
Keywords: Airlines, competition, collusion, predation.
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