| dc.contributor.author | Malalgoda, Narendra Dhananjaya Kumara | |
| dc.description.abstract | I empirically examine the effects of bankruptcy protection (Chapter 11) on airfares in the U.S. domestic airline industry using cross sectional air tickets data from 2001:Q1 through 2012:Q4. A hedonic price model was developed to identify the determinants of airfares. The results indicate that, airfares charged by a bankrupt airline are approximately 4% lower than airfares of other airlines that are not in bankruptcy, ceteris paribus. Individually, bankrupt airlines lower their airfares as much as 16-19% during bankruptcy protection. Furthermore, it is evident that low cost carriers (LCCs) have significantly lower airfares than legacy carriers. This confirms the high degree of price competition in the industry. | en_US |
| dc.publisher | North Dakota State University | en_US |
| dc.rights | NDSU policy 190.6.2 | |
| dc.title | Effect of Chapter 11 Bankruptcy Protection on Airfares in the U.S. Domestic Airline Industry | en_US |
| dc.type | Thesis | en_US |
| dc.date.accessioned | 2018-03-28T18:40:54Z | |
| dc.date.available | 2018-03-28T18:40:54Z | |
| dc.date.issued | 2015 | en_US |
| dc.identifier.uri | https://hdl.handle.net/10365/27899 | |
| dc.description.sponsorship | Upper Great Plains Transportation Institute | en_US |
| dc.rights.uri | https://www.ndsu.edu/fileadmin/policy/190.pdf | |
| ndsu.degree | Master of Science (MS) | en_US |
| ndsu.college | Agriculture, Food Systems and Natural Resources | en_US |
| ndsu.department | Agribusiness and Applied Economics | en_US |
| ndsu.program | Agribusiness and Applied Economics | en_US |
| ndsu.advisor | Lim, Siew H. | |
