The Evolution of U.S. Airline Competition
Author(s) -
Severin Borenstein
Publication year - 1992
Publication title -
the journal of economic perspectives
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 9.614
H-Index - 196
eISSN - 1944-7965
pISSN - 0895-3309
DOI - 10.1257/jep.6.2.45
Subject(s) - competition (biology) , industrial organization , economics , air travel , open skies , business , international trade , competition policy , air transport , aviation , engineering , aeronautics , aerospace engineering , european union , ecology , biology
The next section reviews the evolution of the domestic airline industry since the late 1970s, when it was abruptly freed from most regulatory constraints on pricing, entry, and exit. (International air travel is considered here only as it relates to competition in the domestic industry.) The following sections will examine structure issues and strategic developments in airline competition and discuss public policy options in dealing with the airline industry.
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