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Journal of Economic Perspectives: Vol. 6 No. 2 (Spring 1992)

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The Evolution of U.S. Airline Competition

Article Citation

Borenstein, Severin. 1992. "The Evolution of U.S. Airline Competition." Journal of Economic Perspectives, 6(2): 45-73.

DOI: 10.1257/jep.6.2.45

Abstract

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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Authors

Borenstein, Severin (U CA, Davis)

JEL Classifications

L93: Air Transportation
L51: Economics of Regulation

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