scholarly journals In search of the “Right Price” for air travel: First steps towards estimating granular price-demand elasticity

2019 ◽  
Vol 130 ◽  
pp. 557-569
Author(s):  
Suranga Perera ◽  
David Tan
Keyword(s):  
Air Travel ◽  
Demand Elasticity ◽  
The Right ◽  
Price Demand

scholarly journals La protección de los pasajeros de transporte aéreo en Colombia

2019 ◽  
Vol 21 (2) ◽  
Author(s):  
Daniel Uribe Correa
Keyword(s):  
Low Cost ◽  
Air Travel ◽  
Exponential Increase ◽  
Travel Services ◽  
Industry And Commerce ◽  
The Right ◽  
The Way

Los derechos de los pasajeros han cobrado relevancia gracias al aumento exponencial en la demanda de los servicios de transporte aéreo y a la llegada de aerolíneas de bajo costo a Colombia. En este contexto, es de vital importancia analizar la manera como se puede hacer efectivo el derecho a la reclamación de los pasajeros, más aun, teniendo en cuenta que tanto la Aeronáutica Civil y la Superintendencia de Industria y Comercio tienen competencia para conocer reclamaciones en contra de aerolíneas.Por lo anterior, este artículo tiene como propósito realizar un análisis sobre el alcance del derecho a la reclamación de los pasajeros de transporte aéreo frente a estas dos entidades.Con dicho propósito, este artículo analiza la normativa aplicable a los procedimientos de reclamación mencionados para identificar sus principales características y así, determinar cuáles son las diferencias más relevantes que pueden impactar las reclamaciones de los pasajeros.-----------------------------------------The rights of consumers of air travel services have become more relevant in recent times due to the exponential increase of the demand of these services and the arrival of low-cost airlines to Colombia. In this context, it is vital to analyze the way in which passengers can exercise their reclamation right, even more, considering that both the Civil Aeronautics Unit and the Superintendence of Industry and Commerce have powers to process reclamations against airlines. For this reason, this article performs an analysis of the scope of the right of reclamation of air travel consumers before these authorities. With such purpose, this article analyzes the regulations applicable to such proceedings in order to identify their main characteristics and thus, determine the main differences that may impact the reclamations of passengers.

6. In Conclusion

1948 ◽  
Vol 52 (454) ◽  
pp. 715-718
Keyword(s):  
Present Situation ◽  
Air Travel ◽  
Air Transport ◽  
The World ◽  
The Right

I have now reached the end of my task. The theme which I have sought throughout is that operating economics, in the broadest sense, are the essence of commercial Air Transport. The purpose of Air Transport is to improve communications—and to improve them economically. Although Air Transport the World over is losing money at present, through a combination of unfortunate circumstances, the facts of the present situation and of developments in train will, I am sure, confound the prophets of gloom. Air Transport, provided with adequate tools and run on the right methods, can be made to pay—furthermore, air travel can be provided economically at fares which the average man will be able to afford.

scholarly journals The Demand For NFL Attendance: A Rational Addiction Model

2010 ◽  
Vol 8 (12) ◽  
Author(s):  
Erin LeAnne Spenner ◽  
Aju J. Fenn ◽  
John R. Crooker
Keyword(s):  
National Football League ◽  
Demand Elasticity ◽  
Rational Addiction ◽  
Data Set ◽  
Current Period ◽  
Pricing Behavior ◽  
Pricing Power ◽  
Profit Maximizing ◽  
Rational Addiction Model ◽  
Price Demand

<p class="Textbody" style="text-align: justify; margin: 0in 0.5in 0pt; mso-pagination: none;"><span style="font-size: 10pt;"><span style="font-family: Times New Roman;">This paper examines the demand for attendance at National Football League (NFL) games using a rational addiction model to test the hypothesis that professional football displays the properties of a habit-forming good.<span style="mso-spacerun: yes;">&nbsp; </span>Rational addiction theory suggests that past and future consumption play a part in determining the current period&rsquo;s consumption for habit-forming goods.<span style="mso-spacerun: yes;">&nbsp; </span>Additionally, we postulate the behavioral implications of profit-maximizing ticket pricing behavior by NFL teams.<span style="mso-spacerun: yes;">&nbsp; </span>Previous studies have been unable to detect pricing power by NFL teams.<span style="mso-spacerun: yes;">&nbsp; </span>Our model of pricing power allows us to identify theoretically- anticipated pricing behavior.<span style="mso-spacerun: yes;">&nbsp; </span>A pooled data set is collected using statistics from each NFL team from the 1983 to the 2008 seasons.<span style="mso-spacerun: yes;">&nbsp; </span>Current attendance is modeled as a function of team specific variables, including past and future attendance, ticket price, and team performance.<span style="mso-spacerun: yes;">&nbsp; </span>The model is estimated using Two-Stage Least Squares (2SLS).<span style="mso-spacerun: yes;">&nbsp; </span>We also treat the censored nature of ticket demand as NFL teams frequently experience sell-outs.<span style="mso-spacerun: yes;">&nbsp; </span>It is found that past and future attendance, winning percentage, the age of the stadium in which a team plays, and own-price demand elasticity influence attendance.<span style="mso-spacerun: yes;">&nbsp; </span>The fact that coefficients for past and future attendance are positive and significant in this analysis lends support to the notion that NFL fans display characteristics of rational addiction in their consumption behavior.<span style="mso-spacerun: yes;">&nbsp; </span>Further, we find evidence to support profit-maximizing behavior in ticket sales.</span></span></p>

New Netherlands government will shift to the right

2017 ◽  
Keyword(s):  
Air Travel ◽  
The Political ◽  
Economic Policies ◽  
Right Wing ◽  
Liberal Party ◽  
Content Type ◽  
Labour Market Participation ◽  
Heavy Goods Vehicles ◽  
Political Spectrum ◽  
The Right

Significance The change in composition from a coalition between the Liberal Party (VVD) and Labour Party (PvdA) to one involving the VVD, the Liberal Democrats (D66), the Christian Democratic Appeal (CDA) and the Christian Union (CU) signifies a shift to the right of the political spectrum. Impacts Liberal economic policies are likely to increase labour market participation. New green policies such as investment in public transport and higher taxation on air travel and heavy goods vehicles' road usage are likely. The PVV is unlikely to return to previous levels of popularity as other parties have adopted more right-wing stances.

scholarly journals Measuring the Primary Impacts of Severance Taxation: A Spatial Equilibrium Approach

1988 ◽  
Vol 17 (1) ◽  
pp. 15-22
Author(s):  
Jill L. Findeis ◽  
James S. Shortle ◽  
Virginia M. Kibler
Keyword(s):  
Equilibrium Model ◽  
Demand Elasticity ◽  
Tax Revenue ◽  
Market Area ◽  
Spatial Equilibrium ◽  
Welfare Losses ◽  
Spatial Equilibrium Model ◽  
Equilibrium Approach ◽  
Coal Market ◽  
Price Demand

A spatial equilibrium model is used to quantify the effects of a severance tax on the Pennsylvania coal market. Two regions are identified: the Pennsylvania Market Area and an import/export region. The impacts on prices and quantities of coal supplied and demanded are found to be small. Little of the tax is exported from Pennsylvania, with a high proportion of the tax being passed back to Pennsylvania coal producers. Although the tax revenue exceeds the welfare losses in Pennsylvania, this result is very sensitive to the magnitude of the Pennsylvania own-price demand elasticity.

scholarly journals Permintaan Pangan Sumber Karbohidrat di Indonesia

2019 ◽  
Vol 17 (1) ◽  
pp. 13
Author(s):  
Prasmita Dian Wijayati ◽  
NFN Harianto ◽  
Achmad Suryana
Keyword(s):  
Food Consumption ◽  
Wheat Flour ◽  
National Level ◽  
Household Head ◽  
Demand Elasticity ◽  
Food Sources ◽  
Processed Food ◽  
Carbohydrate Source ◽  
Per Capita ◽  
Price Demand

<p>Rice is the main staple food for Indonesian population. At the same time, per capita consumption of wheat products has increased annually.  One of main government policies related to food consumption is to accelerate food and nutrition diversification based on local food sources. Objective of this study was to understand demand for various carbohydrate food sources at household level by introducing socio-economic variables such as household size, wife working status, and characteristics of household head. This research used Susenas 2017 data at national level.  Demand for food was estimated by the AIDS model.  Rice was still as the most favorable carbohydrate source for Indonesian people. Bread and processed food were categorized as luxurious; while rice, wheat flour, cereals, and roots were as normal goods. Own-price demand elasticity for rice, wheat flour, cereals, and roots were elastic, meanwhile for bread and prepared foods were inelastic. Reducing per capita rice consumption, among others, should be conducted by increasing knowledge and awareness of household members of the importance of food consumption diversification. The government should be aware of the continuing increase in wheat flour imports in line with national economic growth due to high income elasticity for bread and processed food.</p><p> </p><p>Abstrak</p><p>Pangan sumber karbohidrat yang merupakan pemasok utama energi untuk menjalankan aktivitas sehari-hari penduduk Indonesia masih didominasi oleh beras.  Bersamaan dengan itu, konsumsi pangan/kapita berasal dari gandum meningkat setiap tahunnya. Di fihak lain, Indonesia memiliki beragam pangan lokal sumber karbohidrat. Salah satu kebijakan utama pemerintah terkait konsumsi pangan adalah mempercepat diversifikasi pangan dan gizi berbasis pangan lokal. Tujuan penelitian ini adalah untuk mengetahui permintaan pangan berbagai komoditas sumber karbohidrat di tingkat rumah tangga dengan memasukkan variabel sosial ekonomi yaitu jumlah anggota rumah tangga, status istri bekerja, dan karakterestik kepala keluarga. Penelitian ini menggunakan data Susenas tahun 2017 untuk tingkat nasional dari BPS. Permintaan pangan dianalisis dengan menggunakan model AIDS. Hasil analisis mengkonfirmasi bahwa beras masih menjadi komoditas sumber karbohidrat yang paling diminati masyarakat. Roti dan makanan jadi merupakan golongan pangan mewah sedangkan beras, terigu, padi-padian, serta umbi merupakan barang normal. Elastisitas harga sendiri untuk permintaan komoditas beras, terigu, padi-padian, dan umbi bersifat inelastis sedangkan roti dan makanan jadi tergolong elastis. Dari hasil penelitian ini disarankan upaya pengurangan konsumsi beras/kapita diantaranya dilakukan melalui peningkatan pengetahuan dan kesadaran anggota rumah tangga mengenai manfaat diversifikasi pangan dan gizi untuk memelihara hidup sehat dan produktif. Pemerintah perlu mewaspadai berlanjutnya peningkatan impor terigu sejalan dengan  pertembuhan ekonomi nasional karena roti dan makanan jadi memiliki elastisitas pendapatan yang tinggi.</p>

scholarly journals Physical and expenditure formulations of demand functions and evaluations of price demand elasticity

2012 ◽  
Vol 60 (2) ◽  
pp. 379-382 ◽  
Author(s):  
Pavel Syrovátka
Keyword(s):  
Price Elasticity ◽  
Demand Elasticity ◽  
Demand Functions ◽  
Elasticity Of Demand ◽  
Price Elasticity Of Demand ◽  
Consumer Markets ◽  
Physical Form ◽  
Demand Sensitivity ◽  
Price Demand ◽  
The Relationship

Studies of the demand relations on the consumer markets bring much useful information. The concept of the elasticity coefficients is frequently used for the quantitative analysis of the demand sensitivity. Formulation of the investigated demand functions is very important for the evaluation of the demand elasticity. Within net consumer demand (consumer purchase), it is possible to differentiate the physical and expenditure forms of the demand functions. The paper is focused on the theoretical and methodological backgrounds of the evaluation of price-demand elasticity under the physical and expenditure definitions of the demand relationships. In this paper, the relationship between the coefficient of the price elasticity of demand in the physical form and the coefficient of the price elasticity of demand in the expenditure form is determined and studied. The derived formula is tested using the USDA database.

scholarly journals Assessing the Papuan Government’s Policy for Tackling the Spread of Coronavirus (COVID-19)

2021 ◽  
Vol 24 (1) ◽  
pp. 48
Author(s):  
Johni R. V. Korwa ◽  
Diego R. De Fretes ◽  
Meyland S. F. Wambrauw ◽  
Jackson Yumame ◽  
Christine O. I. Sanggenafa ◽  
...  
Keyword(s):  
Local Government ◽  
Policy Implementation ◽  
Health System ◽  
Laboratory Testing ◽  
Air Travel ◽  
Evidence Based ◽  
Theoretical Frameworks ◽  
Library Research ◽  
The Government ◽  
The Right

This paper aims to assess the Papuan government’s policy for preventing the spread of COVID-19 through the shutdown of travel to the region based on the Papua joint statement. Excluding the transportation of goods, Papua was the first province in Indonesia to restrict entry into the region by both sea and air travel. To analyse the Papuan government’s policy, Edwards’ theory of policy implementation was adopted. Using first-hand interviews, observations, and library research, this paper argues that the government of Papua has made the right decision to close its borders, despite challenges, as part of a strict policy to protect the region from COVID-19. It is also worth noting that although five regions selected for this study (Jayapura City, Mimika, Biak Numfor, Merauke and Yapen Regency) reflected variations between one another in policy implementation, they all had expressed how the local government in Papua was doing the best they could to eradicate COVID-19. The use of theoretical frameworks (communication, resources, dispositions, and bureaucratic structures) as part of policy implementation had also been effective, despite that some parts need to be improved. The results of this study include recommendations for effective coordination among policymakers, the availability of laboratory testing, adoption of evidence-based policies and improving the health system in Papua.

scholarly journals The effect of civil and military flights on coagulation, fibrinolysis and blood flow: insight from a rat model

2020 ◽  
Vol 18 (1) ◽  
Author(s):  
Anna Levkovsky ◽  
Rima Dardik ◽  
Daniel Barazany ◽  
David M. Steinberg ◽  
Mark Dan Kirichenko ◽  
...  
Keyword(s):  
Blood Flow ◽  
Rat Model ◽  
Lower Limb ◽  
Air Travel ◽  
Male Rats ◽  
Rank Test ◽  
Control Group ◽  
Clear Correlation ◽  
The Right ◽  
Exposure Conditions

Abstract Background Air travel thrombosis continues to be a controversial topic. Exposure to hypoxia and hypobaric conditions during air travel is assumed a risk factor. The aim of this study is to explore changes in parameters of coagulation, fibrinolysis and blood flow in a rat model of exposure to hypobaric conditions that imitate commercial and combat flights. Methods Sixty Sprague-Dawley male rats, aged 10 weeks, were divided into 5 groups according to the type and duration of exposure to hypobaric conditions. The exposure conditions were 609 m and 7620 m for 2 and 12 h duration. Blood count, thrombin– antithrombin complex, D-dimer, interleukin-1 and interleukin-6 were analyzed. All rats went through flight angiography MRI at day 13-post exposure. Results No effect of the various exposure conditions was observed on coagulation, fibrinolytic system, IL-1 or IL-6. MRI angiography showed blood flow reduction in lower limb to less than 30% in 50% of the rats. The reduction in blood flow was more pronounced in the left vessel than in the right vessel (p = 0.006, Wilcoxon signed rank test). The extent of occlusion differed across exposure groups in the right, but not the left vessel (p = 0.002, p = 0.150, respectively, Kruskal-Wallis test). However, these differences did not correlate with the exposure conditions. Conclusion In the present rat model, no clear correlation between various hypobaric conditions and activation of coagulation was observed. The reduction in blood flow in the lower limb also occurred in the control group and was not related to the type of exposure.

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