Clinton V. Oster, Jr.

Clinton V. Oster, Jr., is Associate Professor at the School of Public and Environmental Affairs and Director of the Transportation Research Center at Indiana University.

  • Deregulation and the Future of Intercity Passenger Travel

    Deregulation and the Future of Intercity Passenger Travel

    John R. Meyer and Clinton V. Oster, Jr.

    This book surveys the latest changes in the turbulent area of airline deregulation.

    This book surveys the latest changes in the turbulent area of airline deregulation. The authors' third collaboration on the subject, it deals with such current trends and topics as the proliferation of mergers and takeovers and the stategies and tactics involved in price wars and other marketing ventures. At the same time Deregulation and the Future of Intercity Passenger Travel is much more than an update on changes in the airline industry. It studies all the major systems of intercity passenger transportation - automobiles, buses, trains, airplanes - from the point of view of their interdependency. And it extends well beyond recent events to embrace the transportation history of much of this century, discussing the historical precedents and outcomes that have collectively given impetus to the trends in operation today, with special emphasis on the patterns of governmental subsidies and regulations. The authors also forecast probable developments in the next century, examining the impacts of various assumptions about future public policies, changes in technology, demographic patterns, and consumer preferences. The first part of the book focuses on the U.S. experience with airline deregulation, including changes in distribution channels and the travel agency business as well as the effects on airline employees and passengers. The second part takes up the economics of competition among the major modes in intercity travel.

    Deregulation and the Future of Intercity Passenger Travel is fifteenth in the series Regulation of Economic Activity, edited by Richard Schmalensee.

    • Hardcover $58.00 £48.00
    • Paperback $25.00 £20.00
  • Deregulation and the New Airline Entrepreneurs

    John R. Meyer and Clinton V. Oster, Jr.

    Deregulation in the airline industry has spurred a major growth in entrepreneurs competing with established carriers. This book takes a close look at the phenomenon in two areas - commuter airlines using small propeller-driven aircraft to offer scheduled short-haul service in low density markets, and jet-equipped carriers like the now familiar Southwest Airlines, New York Air, and People's Express, offering simple, no-frills service and low fares in short to medium hauls. Airline Deregulation focuses in particular on how these two relatively new segments of the industry will eventually be structured, and their impact on the rest of the industry. It points out that already, in their present structure, these carriers have played significant roles in rationalizing service to small communities, broadening the range of fare and service offerings, improving productivity, and lowering cost structures.

    Chapters cover opportunities in a deregulated industry, entrepreneurial opportunities before deregulation, the demand for short-haul air service and its cost structure, commuter airline safety, financial strategies, competitive strategies of new entrant jets, and of commuters, airport congestion and new entrant access, small community service and the role of Federal subsidy, and airline industry structure and public policy.

    Deregulation and the New Airline Entrepreneurs is the ninth volume in the Regulation of Economic Activities Series, edited by Richard Schmalensee.

    • Hardcover $32.50