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Passenger reactions to market deregulation: First results from the experience of the Greek islands market

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  • Sambracos, Evangelos
  • Rigas, Konstantinos

Abstract

The move towards deregulated transport markets is generally expected to increase competition thus producing benefits for the passengers. This paper examines the effect of competition between of air and sea transport following deregulation within the Greek Aegean region. Comparison of market surveys conducted over three periods identifies how passengers respond to this process. Findings suggest that competition between modes is increasing, although the final form of the market remains to be seen.

Suggested Citation

  • Sambracos, Evangelos & Rigas, Konstantinos, 2007. "Passenger reactions to market deregulation: First results from the experience of the Greek islands market," Journal of Air Transport Management, Elsevier, vol. 13(2), pages 61-66.
    • Handle: RePEc:eee:jaitra:v:13:y:2007:i:2:p:61-66
    DOI: 10.1016/j.jairtraman.2006.11.007
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    References listed on IDEAS

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    1. Mattoo, Aaditya, 2001. "Can no competition policy be better than some competition policy?," International Journal of Industrial Organization, Elsevier, vol. 19(1-2), pages 55-77, January.
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    Cited by:

    1. Rigas, Konstantinos, 2009. "Boat or airplane? Passengers’ perceptions of transport services to islands. The example of the Greek domestic leisure market," Journal of Transport Geography, Elsevier, vol. 17(5), pages 396-401.
    2. Konstantinos Rigas & Evangelos Sambracos & Androniki Gatzoli, 2011. "Air and sea transport: Competition strategies under normal and economic crisis environments," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 61(3-4), pages 65-84, July - De.
    3. Evangelos Sambracos & Marina Maniat, 2014. "Financial Crisis & Passenger Shipping: Evidence from Greece," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 64(2), pages 40-49, April-Jun.
    4. Tsekeris, Theodore, 2009. "Dynamic analysis of air travel demand in competitive island markets," Journal of Air Transport Management, Elsevier, vol. 15(6), pages 267-273.

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