This paper provides an interpretive review of recent research, concentrating on three areas
where new and important insights have been derived during the last years. We present the …

The book's website (with databases and other support materials) can be accessed here.
Praise for the Second Edition: The second edition introduces an especially broad set of …

This paper investigates the effects of competition between air transport and high-speed rail
(HSR). While airlines are assumed to maximize profit, HSR may maximize a weighted sum …

Revenue management practices are widely employed in various sectors. These
mechanisms dynamically adjust prices observed by consumers typically through the control …

This study analyzes the factors that explain the variations of daily airfares across fare
histories, or dynamic price dispersion. Empirical analyses show that dynamic price …

This chapter surveys topics in the field of airline economics. As with other industries, airlines
use various inputs such as labour, capital, fuel and materials to produce air transport …

Published fares London–Amsterdam are used to examine the pricing practices of low-cost
and legacy carriers when operating in a large and crowded market. We investigate two …

Airline alliances have a long history yet there is no academic consensus on how they affect
price levels and their impact on price dispersion has not yet been studied. We address this …

The study applies a Maximal overlap discrete wavelet transform process and time-varying
parameter model with shrinkage approaches to explore the effects of oil prices on the travel …

In many online markets we “shop alone”—there is no way for us to know the prices other
consumers paid for the same goods. Could this lack of price transparency lead to differential …