Pricing Behaviour and Non-Price Characteristics in the Airline Industry

Increased competition in the airline industry has changed the ways airlines set fares over the past 40 years. The contributors to this book explore their pricing behavior in an effort to understand how fare determination works. Subjects discussed include: pricing behavior and non-pricing characteristics of the airline industry, the effect of low-cost carriers on nonlinear pricing strategies of legacy airlines, new pricing in North American travel markets and the implications for competition and antitrust, a guide to booking airline tickets online, airline pricing behavior during financial turnarounds, baggage fees and changes in airline ticket prices, the size and growth of airports, and more. Editor Peoples (economics, U. of Wisconsin-Milwaukee) and 24 co-authors contributed to the book. Distributed in North America by Turpin Distribution. Annotation c2012 Book News, Inc., Portland, OR (booknews.com)