Construct · 1 fields · 1 citations

hub premium: a standalone construct

One name. One construct. A landmark on the map.

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Transportation economics

the higher fares paid on routes from airports where one airline dominates traffic, reflecting market power at hubs.

In transportation economics, hub premium refers to the higher fares paid on routes from airports where one airline dominates traffic, reflecting market power at hubs. This meaning comes from Borenstein (1989) in The RAND Journal of Economics.[1]

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Nearby constructs

market power1 fields · 1 citationsanchor · a standalone construct market3 fields · 5 citationsjingle · one word, three constructs power6 fields · 13 citationsjingle · one name, six constructs

References

Borenstein, S. (1989). Hubs and High Fares: Dominance and Market Power in the U.S. Airline Industry. The RAND Journal of Economics, 20(3), 344. https://doi.org/10.2307/2555575

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