Abstract

http://ssrn.com/abstract=1621026
 
 

References (16)



 


 



An Empirical Game-Theoretical Approach to Model a Price War in the Brazilian Airline Industry


José Maria Silveira


Universidade Estadual de Campinas (UNICAMP) - Instituto de Economia

Alessandro V. M. Oliveira


Aeronautics Institute of Technology

2008

Review of Transportation Literature, Vol. 2, No. 1, 2008

Abstract:     
This paper develops a model of post-liberalization price competition between airlines on the route Rio de Janeiro - São Paulo. The intense price competition episode culminated in the rupture of a thirty-nine year-old cooperative structure - the air shuttle service cartel. By modeling and estimating parameters of a two-stage Stackelberg game with incomplete information, we aim at contributing to the understanding of price war rationality in the airline industry.

Number of Pages in PDF File: 15

Keywords: game theory, econometrics, price competition, airline, cartel

JEL Classification: L9

Accepted Paper Series


Download This Paper

Date posted: June 5, 2010  

Suggested Citation

Silveira, José Maria and Oliveira, Alessandro V. M., An Empirical Game-Theoretical Approach to Model a Price War in the Brazilian Airline Industry (2008). Review of Transportation Literature, Vol. 2, No. 1, 2008. Available at SSRN: http://ssrn.com/abstract=1621026

Contact Information

José Maria Da Silveira
Universidade Estadual de Campinas (UNICAMP) - Instituto de Economia ( email )
Sao Paulo, Campinas
Brazil
Alessandro Vinícius Marques de Oliveira (Contact Author)
Aeronautics Institute of Technology ( email )
Praça Marechal Eduardo Gomes, 50
São José dos Campos, 12.228-900
Brazil
HOME PAGE: http://www.ita.br
Feedback to SSRN


Paper statistics
Abstract Views: 475
Downloads: 88
Download Rank: 164,729
References:  16

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo4 in 0.312 seconds