jhooper
Posts: 5560
Joined: Thu Dec 13, 2001 8:27 pm

Help On Economics Term Paper (Deregulation)

Mon Nov 18, 2002 2:26 pm

Hi all!

I'm doing research for a term paper for my Antitrust Economics class. Perhaps some of you could help provide some insight to help me answer the questions I plan to address in my paper. If I use your quotation in my paper, I will provide you with a copy of the final report if you wish. Follows is the synopsis I submitted to my professor: (*Note- This is a serious economics paper; please respond only if your answer has economic merit. Thanks!)

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This research paper will address the impact of deregulation on the airline industry. Since it has been over 20 years since deregulation, we have ample data to compare the post-regulation industry to the pre-regulation industry. Questions I will address include:

· Does the industry operate more efficiently post-deregulation?

· What are the advantages and disadvantages of deregulation?

· How are fares currently structured to maximize profits?

· How does the airline maximize yields in different markets?

· What role does price discrimination play in the setting of airline fares?

· What role has so-called “start-up” or “no-frills” carriers played in the marketplace?

One source I will use is called “The Economic Effects of Airline Deregulation” by Steven A. Morrison. Data has been collected on the buying patterns of various types of customers to maximize yields. For example, business travelers are known for their willingness to spend much more on the same seat on an airplane than his leisure tourist counterpart. By realizing that business travelers need flexible travel itineraries and are time-sensitive while leisure travelers are more cost-sensitive, the airline can create different products by structuring its fare rules. The goal of the airline is to sell every seat on every plane for the most amount of money its customers are willing to pay by using yield-management techniques. My paper will provide insight into how deregulation has impacted airline’s behavior.


Thank you for your help.
Last year 1,944 New Yorkers saw something and said something.
 
Guest

RE: Help On Economics Term Paper (Deregulation)

Tue Nov 19, 2002 2:19 am

Hard Landing is a book I'd recommend. I'd give you quotes but I am of nothing important Big grin.
 
N79969
Posts: 6605
Joined: Tue Jan 29, 2002 1:43 am

RE: Help On Economics Term Paper (Deregulation)

Tue Nov 19, 2002 2:33 am

There is a good article in this legal newsletter that you might find useful:

http://www.abanet.org/antitrust/committees/industry/winter02.pdf

Best of luck.
 
N79969
Posts: 6605
Joined: Tue Jan 29, 2002 1:43 am

RE: Help On Economics Term Paper (Deregulation)

Tue Nov 19, 2002 3:22 am

Actually probably even better for you:

http://www.econlib.org/library/Enc/AirlineDeregulation.html

By the "father" of deregulation.
 
jhooper
Posts: 5560
Joined: Thu Dec 13, 2001 8:27 pm

RE: Help On Economics Term Paper (Deregulation)

Tue Nov 19, 2002 4:46 am

Wow! Those are some great sources. Thank you for the help.
Last year 1,944 New Yorkers saw something and said something.