主  題: Single sourcing vs. multiple sourcing: Empirical evidence from the US airline industry

內容簡介: This study empirically investigates major US network carriers’ sourcing strategies (single vs. multiple sourcing) with regional carriers in domestic routes. We find that the higher the frequency of adverse weather (measured by snowfalls) in a route market, the more likely that a network carrier would contract with more than one regional carrier, conditional on the fact that the market is outsourced. This confirms the hypothesis that higher uncertainty/risk triggers risk pooling. We also show that the on-time performance of the two airports involved in a route market is negatively correlated with the network carriers’ decision of multiple sourcing.

報告人: 蔣昌敏      副教授

時  間: 2018-04-13    10:00 

地  點: 位育樓117 

舉辦單位: 金融學院  經濟與金融研究院  科研部