AN EMPIRICAL STUDY OF ECONOMIES OF SCOPE: THE CASE OF AIR CARRIERS
JAMES A. LEGGETTE III
(Ph.D. Candidate in Economics at the University of South Carolina)
BRENDA KILLINGSWORTH
(Ph.D. Candidate in Management Information Systems at the University of South Carolina)
165
Abstract
Recently, theoretical economics has recognized something which the business person has known for a long time, that is “the world of single product firms with U‐shaped average cost curves is simply not the world of reality.” Key to this newly emerging multiproduct framework is the concept of economies of scope.
Citation
LEGGETTE, J.A. and KILLINGSWORTH, B. (1983), "AN EMPIRICAL STUDY OF ECONOMIES OF SCOPE: THE CASE OF AIR CARRIERS", Studies in Economics and Finance, Vol. 7 No. 2, pp. 27-33. https://doi.org/10.1108/eb028637
Publisher
:MCB UP Ltd
Copyright © 1983, MCB UP Limited