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MARKET FAILURE OR MARKET EFFICIENCY?
THE EFFECT OF SOUTHWEST AIRLINES
LEGISLATED MARKET DOMINANCE
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Air Wisconsin airfares airline markets airport slot airports allocation alternative-fuel vehicles alternatives antitrust average capital cost capture rate car dummy carriers child of age choice citations coefficient competitive pressures concentration contested cost HH income counties court demand deregulation dummy variable effect electric vehicles entry equation forecasts fuel HDTAs held vehicle hypothesis hypothetical vehicles incentive to overload labor marginal cost market dominance market power market share methanol mode motor bus drivers multinomial logit negative nonunion O'Hare one-vehicle households operating cost overweight violations post-reform period potential pre-reform period public transit punitive rate rail rate railroad pricing refueling regression remaining vehicle route sample sector significant slot market slot share Southwest Southwest Airlines SP vehicle Staggers Rail Act statistically Table Talley transit bus drivers Transport Economics truckload two-vehicle households U.S. airline union transit drivers vehicle holdings vehicle to replace vehicle transaction Washington weekdays weight