Airline Alliances

Airline alliances are major global partnerships that typically secure antitrust immunization, develop code share flights, coordinate frequent flyer plans, share check-in services, share or consolidate airport lounges, streamline airport ground handling and leverage integrated operations whenever they can. The Star Alliance (United, Air Canada, Air New Zealand, All Nippon Airways, Austrian Airlines, British Midland, Landa Air, Lufthansa, Mexicana, SAS, Thai, Singapore Airlines, Tyrolean Airways, and Varig) appears to have a clear competitive advantage over the other alliances. The Star Alliance celebrated its fifth anniversary in May 2002. The Star Alliance has antitrust immunity, has combin... click for more

Introduction to economics

As a manager of a financial planning business you have two financial planners.In an hour a person can produce 1 statement or answer 10 calls while another can produce 3 statemnets or answer 12 calls. Does either person has an absolute advantage in producing both products?Should they be self sufficent ( each producing statements and answering phones) or specialize?

Questions on Macroeconomics, Concept of fiscal policy, monetary system of the U.S. and International economics

Answer all four questions: 1. Discuss the concept of the macro economy. How do we define the total value of economic output and how can it be measured. What are the major performance goals that we set for the economy and how do we measure the performance? Discuss the concept of macro economic equilibrium in terms of injections and withdrawals from the circular flow of wealth and in terms of aggregate demand and aggregate supply. 2. Discuss the concept of fiscal policy and problems that may arise. Describe what it is and how it works. 3. Discuss monetary policy. Describe the monetary system of the United States including how it is flexible in relation to economic conditions and h... click for more

Economics of internet

You are the Chief Economist of the FCC. The Chairman has called you in to discuss a thorny issue. Two wireless broadcasters operate on adjacent frequencies. Operator A, complying with FCC rules, installs a new low-powered cellular architecture for its radio service at a cost of $1 billion to replace its old single high powered transmitter system. With so many transmitters, the handsets of operator B begin to receive interference in some circumstances. Both are complying with the conditions of their licenses. There are several ways in which the interference could be mitigated: 1. Operator A could go back to using a single high tower transmitter 2. Operator B could replace its hand... click for more

Economics of internet

A Congressional staffer calls you on the phone for advice. Her boss may propose a law where sending an email costs 5 cents for every email address included in the message. The government does not get the money; it goes to the recipient(s) of the email. That is, each person has an email credit account. For every email sent, 5 cents automatically transfers from the sender's accounts to the recipient's account. This "postage" collection occurs when the email first appears on a U.S. email server, or the message does not proceed. Part a: First, the staffer wants your opinion about the impact this system has on spam volume. What would you say, and why? Part b: Second, the staffer ... click for more