The factors determining the profitability of international airlines: some econometric results

Article Abstract:

A study was conducted to examine factors which determine the profitability of international airlines. The study focuses on the US domestic airline industry whose deregulation and success interest economists. Under unregulated conditions, market contestability, multiple output nature of costs, network structure and airport presence contribute to airline profitability. Results show that high passenger load factors, low capacity related costs, younger and more efficient fleets and freight supplements enhance profitability of airlines under the process of deregularization.

United States, Management, Airlines, Transportation, Deregulation

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Business profitability versus social profitability: Evaluating industries with externalities, the case of casinos

Article Abstract:

Issues concerning the social effects of casino gambling are discussed. Particular attention is given to comparisons between cost-benefits analyses applied to casinos and to household utilities. Ways in which casino profits relate to social profits are examined.

Social aspects, Economic aspects, Gambling, Cost benefit analysis, Casinos

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Firm resources and joint ventures: what determines zero-sum versus positive-sum outcomes?

Article Abstract:

Economic research examining ways in which the resources which are brought into a joint venture can improve the performance of the parent company is presented. Attention is also given to adverse effects that resources brought into the joint venture can have.

Research, Finance, Joint ventures, Resource allocation

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