Christian Laesser
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Prof. Dr.
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Laesser
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Christian
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christian.laesser@unisg.ch
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+41 71 224 25 25
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  • Publication
    The valuation of direct intercontinental flights as opposed to non-direct ones : Insights based on a hedonic apporach
    ( 2007-06-21)
    Bieger, Thomas
    ;
    Laesser, Christian
    ;
    Wittmer, Andreas
    This paper is about valuating direct intercontinental flights as opposed to non-direct ones, taking an individual travelers' perspective. The methodology of this study is derived from a hedonic approach which tries to explain actual expenditures (in our case of air transport) by means of a number of non-divisible characteristics (origin and destination, number of stopovers, choice of travel class). The results reveal that direct flights are valued higher than non-direct ones. However, the share of this advantage in relation to other characteristics by which a flight can be valued is limited, ranging from 15 to 20 per cent (in the context of travel in economy class; ceteris paribus) to less than 10 per cent (in the context of travel in business class; ceteris paribus). In contrast, and to put those numbers into perspective, choosing business class (instead of economy) adds 240% to an economy air fare (ceteris paribus).
    Type: conference paper
    URI: https://www.alexandria.unisg.ch/handle/20.500.14171/80525
  • Publication
    Valuation of direct intercontinental flights as opposed to non-direct ones: Insights based on a hedonic approach
    ( 2007-06-21)
    Wittmer, Andreas
    ;
    Laesser, Christian
    ;
    Bieger, Thomas
    This paper is about valuating direct intercontinental flights as opposed to non-direct ones, taking an individual travelers' perspective. The methodology of this study is derived from a hedonic approach which tries to explain actual expenditures (in our case of air transport) by means of a number of non-divisible characteristics (origin and destination, number of stopovers, choice of travel class). The results reveal that direct flights are valued higher than non-direct ones. However, the share of this advantage in relation to other characteristics by which a flight can be valued is limited, ranging from 15 to 20 per cent (in the context of travel in economy class; ceteris paribus) to less than 10 per cent (in the context of travel in business class; ceteris paribus). In contrast, and to put those numbers into perspective, choosing business class (instead of economy) adds 240% to an economy air fare (ceteris paribus).
    Type: conference paper
    URI: https://www.alexandria.unisg.ch/handle/20.500.14171/80532