{"title":"Air traffic expansion and monopoly princing","authors":"J. Gabszewicz, Ornella Tarola","doi":"10.1400/16940","DOIUrl":null,"url":null,"abstract":"In this paper we examine the pricing policy, and the ensuing optimal expansion of the aircraft fleet capacity, for a monopolistic air company. We characterise the optimal pricing and show that the resulting capacity ex-pansion is such that the length of the time interval between two successive purchases of a plane is constant through time.","PeriodicalId":44910,"journal":{"name":"International Journal of Transport Economics","volume":"21 1","pages":"161-169"},"PeriodicalIF":0.3000,"publicationDate":"2005-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Transport Economics","FirstCategoryId":"5","ListUrlMain":"https://doi.org/10.1400/16940","RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 2
Abstract
In this paper we examine the pricing policy, and the ensuing optimal expansion of the aircraft fleet capacity, for a monopolistic air company. We characterise the optimal pricing and show that the resulting capacity ex-pansion is such that the length of the time interval between two successive purchases of a plane is constant through time.