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I am currently investigating about the long run impact of the COVID 19 to the US airline industry. Is there any specific (long-run) model that I can use for oligopolies (for 4 main companies)? Because I knew that not all models describe the same situation in an oligopoly market.

Would price discrimination / economies of scale / demand-supply graph enough to explain the long-term decisions of the airlines?

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  • $\begingroup$ Hi! What exactly are you trying to do? "impact to the industry" is very broad, no single model is going to give you that. Is this for a thesis, peer reviewed research, a newspaper article, for your own entertainment without demand for accuracy...? Also maybe give some information about your level of familiarity with industrial organization/forecasting literature, as most answers are likely to recommend some advanced models. $\endgroup$
    – Giskard
    Dec 6, 2023 at 19:50
  • $\begingroup$ it's for a university essay. So basically answering the question of how US airlines can maximize profit after the Covid-19 pandemic in the long-run. $\endgroup$
    – HelloWorld
    Dec 7, 2023 at 3:43
  • $\begingroup$ What class is this? Business strategy, microeconomics (BA, MA), etc.? Sounds like a very broad topic. $\endgroup$
    – Giskard
    Dec 7, 2023 at 8:52
  • $\begingroup$ it's microeconomics $\endgroup$
    – HelloWorld
    Dec 7, 2023 at 15:04

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