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Network Effects, Congestion Externalities, and Air Traffic Delays: Or Why All Delays Are Not Evil

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NBER2002-01-01 更新2025-01-04 收录
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We examine two factors that might explain the extent of air traffic delays in the United States: network benefits due to hubbing and congestion externalities. Airline hubs enable passengers to cross-connect to many destinations, thus creating network benefits that increase in the number of markets

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2002-01-01
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