Q2 Z2,(Q2) Z2(Q2) - Institute for Water Resources - U.S. Army

These substantial estimates of elasticity suggest that
reducing air rates will overwhelm the carriers with business.
Elasticity is an important planning tool for the carriers
and also rate-making bodies. It shall, therefore, be
investigated in the context of the model of the dissertation.
As can be witnessed, quite a bit of work has been done
in the field of air cargo. Unfortunately, much of it has
involved considerable resources but little appreciable output.
The goal of this disseratation is to rectify this state
and give a study solidly based on economic theory. The
outline will be as follows: Chapter II is the micro
development of the theory of transport demand. Here demand
functions for transportation with respect to rate, time in
shipment, damage rate, etc., will be derived for both
inputs and for output under , all market conditions. Chapter
III is the air freight demand model in its 'statistical form.
Herein the discriminant model is developed which will test
the theory of the previous chapter. Chapter IV is the
adaption of_the model to statistical testing and the empirical
results of the model. Herein that part of the theoretical
model tested is described, as is the way in which the model
was adapted to conform to available data. Finally, the
empirical findings are presented and discussed.
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