Essays on Delay Reduction Contract, Airline Networks and Agricultural Land Marketization

Abstract : This thesis consists of three self-contained papers, each of which corresponds to one chapter. The first chapter, jointly written with Estelle Malavolti, studies the optimal design of delay reduction contract signed between an ANSP and a monopoly airline. In the contract design, we mainly consider the adverse selection problem. Moreover, we conduct comparative-static analysis to study the effects of safety standard and flight frequency on optimal contracts. Besides, we use numerical examples to study when a welfare-maximizing ANSP has to use public funds to provide the service. The second chapter investigates the dual roles of congestion delays and horizontal product differentiation in airline network choice. I find that, first, because of the inclusion of congestion delays, the airline may choose the point-to-point network even when the extra travel time disutility of one-stop services is relatively low. Second, without considering the airline's fixed investments of developing a hub airport, the 2-hub network will dominate the three other network structures as long as it is feasible, as it involves the horizontal product differentiation in more markets than the three other network structures. The third chapter, jointly written with Wanjun Yao and Shigeyuki Hamori, empirically finds that the higher land allocation efficiency improves the average land productivity by 29.1% and the larger average operational farm size reduces the average land productivity by 9.2%, implying that the agricultural land marketization in China finally improves the average land productivity by 19.9%.
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Submitted on : Thursday, February 1, 2018 - 11:50:53 AM
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Chunan Wang. Essays on Delay Reduction Contract, Airline Networks and Agricultural Land Marketization. Economies and finances. Université Toulouse 1 Capitole (UT1 Capitole), 2017. English. ⟨tel-01698442⟩



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