Airline Travel Demand, the Derived Demand for Aircraft Fuel, and Fuel Utilization Forecasts Using Structural and Atheoretical Approaches

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dc.contributor.advisorSickles, Robin C.en_US
dc.creatorFang, Yingen_US
dc.date.accessioned2013-03-08T00:33:39Zen_US
dc.date.available2013-03-08T00:33:39Zen_US
dc.date.issued2012en_US
dc.description.abstractIn the first chapter, we develop a dynamic model of collusion in city-pair routes for selected US airlines and specify the first order conditions using a state-space representation that is estimated by Kalman-filtering techniques using the Databank 1A (DB1A) Department of Transportation (DOT) data during the period 1979I-1988IV. We consider two airlines, American (AA) and United (UA) and four city pairs. Our measure of market power is based on the shadow value of long-run profits in a two person strategic dynamic game and we find evidence of relative market power of UA in three of the four city pairs we analyze. The second chapter explores three models of forecasting airline energy demand: Trend line, ARIMA and Structural Model based on results from Chapter 1 and find that none of them is a dominant winner in American (AA) and United (UA) between Chicago and Salt Lake City. In the third chapter, we use Model Averaging and Forecast Combination Techniques to provide a decisive conclusion focusing on discussing Equal Weighted Averaging, Mean Square Weighted Averaging and Optimized Weighted Averaging on UA and AA in City-Pairs Chicago -Seattle and Chicago-San Diego.en_US
dc.format.extent150 p.en_US
dc.format.mimetypeapplication/pdfen_US
dc.identifier.callnoTHESIS ECON. 2012 FANGen_US
dc.identifier.citationFang, Ying. "Airline Travel Demand, the Derived Demand for Aircraft Fuel, and Fuel Utilization Forecasts Using Structural and Atheoretical Approaches." (2012) Diss., Rice University. <a href="https://hdl.handle.net/1911/70239">https://hdl.handle.net/1911/70239</a>.en_US
dc.identifier.digitalFangYingen_US
dc.identifier.urihttps://hdl.handle.net/1911/70239en_US
dc.language.isoengen_US
dc.rightsCopyright is held by the author, unless otherwise indicated. Permission to reuse, publish, or reproduce the work beyond the bounds of fair use or other exemptions to copyright law must be obtained from the copyright holder.en_US
dc.subjectSocial sciencesen_US
dc.subjectAirline travelen_US
dc.subjectTravel demanden_US
dc.subjectAircraft fuelen_US
dc.subjectFuel utilizationen_US
dc.subjectEconomicsen_US
dc.subjectTransportation planningen_US
dc.titleAirline Travel Demand, the Derived Demand for Aircraft Fuel, and Fuel Utilization Forecasts Using Structural and Atheoretical Approachesen_US
dc.typeThesisen_US
dc.type.materialTexten_US
thesis.degree.departmentEconomicsen_US
thesis.degree.disciplineSocial Sciencesen_US
thesis.degree.grantorRice Universityen_US
thesis.degree.levelDoctoralen_US
thesis.degree.nameDoctor of Philosophyen_US
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