AN EMPIRICAL STUDY OF ECONOMIES OF SCOPE: THE CASE OF AIR CARRIERS

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