Effect of slot trading on route-level competition: Evidence from experience in the UK
Effect of slot trading on route-level competition: Evidence from experience in the UK
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DOI：
10.1016/j.tra.2014.08.012
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发表时间：
2014-11
影响因子：
6.4
通讯作者：
Hideki Fukui
中科院分区：
文献类型：
--
作者：
Hideki Fukui
本文探讨了影响机场插槽贸易航线竞争的插槽贸易在英国使用的数据。估计结果表明，伙伴航空公司之间的插槽贸易有助于略有增加的竞争，衡量每条路线的竞争对手的数量，而竞争对手之间的插槽贸易有负面影响的竞争对手的数量在路线一级。研究结果表明，航空公司似乎利用从竞争对手那里获得的位置，不是为了相互竞争，而是为了加强自己在现有航线上的主导地位。这种行为被认为是源于老虎机交易的双边性质，这有助于竞争对手之间的相互宽容。为了科普相互容忍可能产生的反竞争影响，值得探讨使承运人更难利用多市场联系的时段交易计划以及主要时段分配的替代方法。
This paper examines the effect of airport slot trading on route-level competition using data on slot trades in the UK. The estimation results suggest that the slot trades among partner carriers contributed to slightly increased competition measured in terms of the number of competitors per route, whereas the slot trades between rival carriers had a negative effect on the number of competitors at the route level. The results suggest that carriers seem to have used the slots obtained from their rivals not to compete with each other but to strengthen their dominance on their existing routes. This behavior is considered to be derived from the bilateral nature of slot trading, which facilitates mutual forbearance among competitors. To cope with the potential anticompetitive effect of mutual forbearance, it would be worthwhile to explore slot-trading schemes that make it harder for carriers to take advantage of multimarket contact as well as alternative methods of primary slot allocation.