研討日期

2020525日上午10:20~ 12:30

研討地點

國立臺灣大學609討論室

主講題目

Title of the paper

Market structure and quality determination for complementary products: Alliances and service quality in the airline industry

作者

Authors of the paper

Jan K. Brueckner, Ricardo Flores-Fillol

文獻出處

Journal, vol.(issue), pp

International Journal of Industrial Organization 68 (2020) 102557

主講人

周宗翰

參加人員

周宗翰、王羿傑、林燕淑、施全、梁文榮、張瑞雲、彭正浩、黃鴻、許至乙、Dong Van ChungDAMIANA SIMANJUNTAKLUSUNG MKANDAWIRE

摘要

Abstract of the paper

This paper explores the effect of market structure on quality determination for complementary products. The focus is on the airline industry and the effect of airline alliances on flight frequency, an important element of service quality. With zero layover cost, the choice of flight frequencies has the same double-marginalization structure as in the usual alliance model, leading to a higher frequency in the alliance case as double marginalization is eliminated, along with a lower full trip price and higher traffic. The surprising result of the paper emerges with high-cost layover time, where double marginalization in frequencies is absent and where an alliance reduces service quality via a lower frequency, with the full price potentially rising (in which case traffic falls).