作者:Wang, CA (Wang, Chunan)[ 1 ] ; Wang, XY (Wang, Xiaoyu)[ 2 ]
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW
卷: 124
页: 56-74
DOI: 10.1016/j.tre.2019.02.009
出版年: APR 2019
文献类型:Article
摘要
This paper investigates a monopoly airline's incentive to adopt a multi-hub (2-hub) network from the perspective of horizontal product differentiation. We find that: when both extra travel time disutility of one-stop services and marginal congestion delay cost are low, the hub-and-spoke network is optimal for airline, while when disutility is very high, the point-to-point network is optimal. For the rest of parameter space, because of the exploitation of horizontal product differentiation in more markets, the 2-hub network is optimal within its bounds of disutility, while the point-to-point network is left to be optimal between the hub-and-spoke and 2-hub networks.
关键词
作者关键词:Airline network; Multi-hub network; Horizontal product differentiation; Welfare analysis
KeyWords Plus:HIGH-SPEED RAIL; AIRPORT CONGESTION; FLIGHT FREQUENCY; SERVICE QUALITY; AIR TRANSPORT; COMPETITION; CAPACITY; PRICE; EQUILIBRIUM; EFFICIENCY
作者信息
通讯作者地址:
5 Yiheyuan Rd, Beijing 100871, Peoples R China.
通讯作者地址: Wang, XY (通讯作者)
地址:
[ 1 ] Beihang Univ, Sch Econ & Management, Beijing, Peoples R China
[ 2 ] Peking Univ, Natl Sch Dev, Beijing, Peoples R China
