第2回 ITPU ワークショップ(4月13日開催)のお知らせ(2006-04-03)
日時：4月13日(木) 10:30-12:00 (開始時刻が変更されました)
場所：経済学研究科棟第1共同研究室(1202)
講師：ブルッキングス研究所シニア・フェロー クリフォード・ウィンストン氏
(Dr. Clifford Winston, Senior Fellow, The Brookings Institution)
報告内容：「米国航空市場における企業退出の経済厚生評価」
(COMPETITION AND WELFARE IN THE US AIRLINE INDUSTRY)
共催：都市経済ワークショップ、マイクロワークショップ
Abstract: We develop a structural econometric model of competition in U.S. domestic airline markets to assess how traveler welfare may be affected by the exit of an industry competitor. We find that Southwest provides the greatest welfare to travelers while other low-cost carriers also contribute significant benefits to the flying public. Of the legacy carriers, only United and Delta substantially raise traveler welfare while American, US Airways, and Continental actually reduce traveler welfare. We conclude that the market is efficiently determining which airlines remain in the industry and that financial assistance to carriers that may otherwise be liquidated is unwarranted.