Less is More: An Analysis of Firm Concentration in the American Airline Industry
In the following thesis, I give a brief history of the airline industry and its economics, describing what attributes of the industry make a hub-and-spoke system far more efficient than a point-to-point system. Next, I describe three large airline mergers in the last decade, studying whether or not...
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| Format: | Others |
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Scholarship @ Claremont
2010
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| Online Access: | http://scholarship.claremont.edu/cmc_theses/82 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=1086&context=cmc_theses |