1.

Record Nr.

UNINA9910784490103321

Titolo

New financial instruments and institutions [[electronic resource] ] : opportunities and policy challenges / / Yasuyuki Fuchita, Robert E. Litan, editors

Pubbl/distr/stampa

Washington, D.C., : Brookings Institution Press, 2007

ISBN

1-280-85662-9

9786610856626

0-8157-2984-7

Descrizione fisica

1 online resource (241 p.)

Altri autori (Persone)

FuchitaYasuyuki <1958->

LitanRobert E. <1950->

Disciplina

332.10952

Soggetti

Finance - Japan

Financial institutions - Japan

Finance - Technological innovations - Japan

Finance - Technological innovations - United States

Japan Economic policy 1989-

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Introduction / Yasuyuki Fuchita and Robert E. Litan -- ETFs and REITs in Japan : innovation and steps for future growth / Yuta Seki -- Securitization of residential mortgages : can Japan create a "good" GSE? / Yasuyuki Fuchita ; comment on chapters 2 and 3 by Adam S. Posen -- Gap filling, hedge funds, and financial innovation / Frank Partnoy and Randall Thomas -- The rise of the U.S. private equity market / Thomas Boulton, Kenneth Lehn, and Steven Segal ; comment on chapters 4 and 5 by Franklin R. Edwards -- Policy issues raised by structured products / Jennifer E. Bethel and Allen Ferrell -- The development of improved exchange-traded funds in the United States / Todd J. Broms and Gary L. Gastineau ; comment on chapters 6 and 7 by Kenneth E. Scott.

Sommario/riassunto

"Presents research from experts in academia and the financial industry on financial instruments and new financial institutions, contrasting developments in the United States and Japan. Highlights innovative ways in which Japanese financiers and government officials have



learned from the United States regarding the introduction of new instruments into their market"--Provided by publisher.

2.

Record Nr.

UNINA9910877339203321

Autore

Belobaba Peter

Titolo

The Global Airline Industry [[electronic resource]]

Pubbl/distr/stampa

Hoboken, : Wiley, 2009

ISBN

1-282-12357-2

9786612123573

0-470-74473-1

0-470-74472-3

Descrizione fisica

1 online resource (520 p.)

Collana

Aerospace Series ; ; v.23

Altri autori (Persone)

OdoniAmedeo R

BarnhartCynthia

Disciplina

387.7

387.70685

387.71

Soggetti

Aeronautics, Commercial

Airlines

Airlines -- Management

Airlines -- Marketing

Transportation Economics

Business & Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

THE GLOBAL AIRLINE INDUSTRY; Contents; List of Contributors; Series Preface; Notes on Contributors; Acknowledgements; 1 Introduction and Overview; 1.1 Introduction: The Global Airline Industry; 1.1.1 Deregulation and Liberalization Worldwide; 1.1.2 Recent Industry Evolution; 1.1.3 Looking Ahead: Industry Challenges; 1.2 Overview of Chapters; References; 2 The International Institutional and Regulatory Environment; 2.1 Introduction; 2.2 Background on the International Regulatory Environment; 2.2.1 The Chicago Convention; 2.2.2



"Freedoms of the Air"

2.3 Airline Privatization and International Economic Regulation2.3.1 Airline Privatization; 2.3.2 Types and Critical Aspects of Air Service Agreements (ASAs); 2.3.3 Typical Content of Bilateral and Multilateral ASAs; 2.3.4 The Unified European Union Market and Other Major Developments; 2.4 Airports; 2.4.1 Restrictions on Airport Access; 2.4.2 Airport Ownership and Management; 2.5 Air Traffic Management; 2.6 Key Organizations and Their Roles; 2.6.1 International Organizations; 2.6.2 Organizations in the USA; 2.7 Summary and Conclusions; References

3 Overview of Airline Economics, Markets and Demand3.1 Airline Terminology and Definitions; 3.1.1 Basic Airline Profit Equation; 3.2 Air Transportation Markets; 3.2.1 Typical Air Passenger Trip; 3.2.2 Spatial Definitions of Airline Markets; 3.3 Origin-Destination Market Demand; 3.3.1 Dichotomy of Airline Demand and Supply; 3.3.2 Factors Affecting Volume of O-D Demand; 3.3.3 Quality of Service Factors; 3.3.4 Total Trip Time and Frequency; 3.4 Air Travel Demand Models; 3.4.1 Elasticity of Air Travel Demand; 3.4.2 Air Travel Demand Segments; 3.4.3 O-D Market Demand Functions

3.5 Airline Competition and Market Share3.5.1 Market Share/Frequency Share Model; 3.5.2 S-curve Model Formulation; 3.6 Chapter Summary; References; 4 Fundamentals of Pricing and Revenue Management; 4.1 Airline Prices and O-D Markets; 4.1.1 Regulated vs. Liberalized Pricing; 4.1.2 Theoretical Pricing Strategies; 4.1.3 Price Discrimination vs. Product Differentiation; 4.2 Airline Differential Pricing; 4.2.1 Market Segmentation; 4.2.2 Fare Product Restrictions; 4.2.3 Traditional Airline Fare Structures; 4.2.4 Recent Trends in Airline Pricing; 4.3 Airline Revenue Management

4.3.1 Computerized Revenue Management Systems4.3.2 Flight Overbooking; 4.3.3 EMSR Methods for Flight Leg Revenue Optimization; 4.3.4 Network Revenue Management; 4.3.5 Revenue Management for Less Restricted Fare Structures; References; 5 Airline Operating Costs and Measures of Productivity; 5.1 Airline Cost Categorization; 5.1.1 Administrative vs. Functional Cost Categories; 5.1.2 Cost Drivers by Functional Category; 5.2 Operating Expense Comparisons; 5.2.1 Percentage Breakdown of Operating Expenses; 5.2.2 Legacy vs. Low-Cost Airlines; 5.2.3 Flight Operating Cost Comparisons

5.3 Comparisons of Airline Unit Costs

Sommario/riassunto

In today's rapidly changing air transport environment, the aviation professionals   require access to advanced and comprehensive knowledge, coupled with an in-depth understanding of the needs of the airline industry. Drawing on the editors' extensive experience with airline and air transport issues, The Global Airline Industry provides a definitive introduction to our air transportation system. Featuring contributors from 3 different continents, all affiliated to MIT's Global Airline Industry Program, this book's unique and holistic perspective is allied with detailed coverage of   <ul