Bibliographic citations
Parejas, D., (2024). Relación entre competencia y cantidad de pasajeros por aerolínea bajo el modelo de Stackelberg [Trabajo de investigación, Universidad Peruana de Ciencias Aplicadas (UPC)]. http://hdl.handle.net/10757/684099
Parejas, D., Relación entre competencia y cantidad de pasajeros por aerolínea bajo el modelo de Stackelberg [Trabajo de investigación]. PE: Universidad Peruana de Ciencias Aplicadas (UPC); 2024. http://hdl.handle.net/10757/684099
@misc{renati/1741880,
title = "Relación entre competencia y cantidad de pasajeros por aerolínea bajo el modelo de Stackelberg",
author = "Parejas Pedroza, Diego Andre",
publisher = "Universidad Peruana de Ciencias Aplicadas (UPC)",
year = "2024"
}
In recent years, the airline industry has experienced significant growth, driven by the entry of low-cost carriers and the expansion of both domestic and international routes. The arrival of airlines like JetSMART, offering initial ticket prices at very low rates, and the interest of new competitors such as Arajet, have intensified competition and led to a reduction in average ticket prices. This highly competitive environment has been accompanied by new regulations, such as restrictions on complimentary baggage allowances, creating both opportunities for consumers and challenges for airlines, which must optimize their pricing strategies to maintain profitability. Simultaneously, regulatory policies have strengthened oversight of the sector, encouraging fare reviews and route expansion while imposing stricter policies regarding complementary services. This study aims to examine how competition influences the number of passengers per airline, focusing on the most highly demanded routes. Given the lack of local studies, reference will be made to research from other economies that analyze oligopolistic competition in the airline industry. The research question posed is whether competition affects the number of passengers transported by each airline, for which the Stackelberg model will be used. This model allows for an understanding of the leader-follower dynamic in a highly concentrated market. The expected results will provide a detailed perspective on how airlines, particularly low-cost carriers, adjust their capacity and pricing strategies to maximize revenue in a competitive environment. JEL Classification: L9, L93, L930
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