About

Stanford University

Bachelor of Science in Computer Science

Bachelor of Arts in Economics with Honors

Stanford in Boston

President 

Stanford Associates

Designee 

Stanford Outreach Volunteer Alumni Link

OVAL Massachusetts Chapter Leadership Team

Fenn School

Alumni Council

Global Association of Risk Professionals

Certified Financial Risk Manager, FRM

 
 

Honors Thesis

Low-Cost Carriers and Low Fares: Competition and Concentration in the U.S. Airline Industry


This analysis will examine the current structure of the domestic airline market to determine the amount of market power incumbent carriers wield, the market dynamics that exist in short haul and long haul routes, and the impact of a new breed of air carrier, the low-cost carrier, on the distribution of airfares. The analysis seeks to determine if a low-cost carrier’s presence on a route significantly impacts airfares. This paper argues that previous analyses may overestimate the effect of route concentration, hubs, and other route specific characteristics on the distribution of market prices. The emerging significance of the low-cost carrier may indicate a shift in the structure of the airline market away from hub-and-spoke networks and towards point-to-point networks. The significance of low-cost carriers suggests that government policies that enforce antitrust laws at hub airports may be ineffective; moreover, encouraging low-cost entry, through equal access to infrastructure, compacts the fare distribution and lowers the median fare.


Firestone Medal for Excellence in Research, Stanford University, 2003

First Place Thesis, Stanford Economics Department, 2003

Stanford University Honors Program Award Winners | Honors Theses 2003

 
 

Economic View

US Labor Market Outlook

Historically high divergence in unemployment rates between strong and weak segments of the labor market contributes to high long-term unemployment, which is challenging to mitigate through fiscal and monetary policy. This structural challenge means that the Fed will maintain low rates for an extended period, past the Q2 2015 consensus. During the next year equities are attractive, while low inflation and modest growth means commodities are not.

 
 

Blyth Fund

Investment Proposals

A segment of Stanford University’s endowment managed by Stanford students.


DateTickerCompany
Proposal [PDF]
05/29/2003SONSSonus Networks
04/17/2003SONSSonus Networks
11/25/2002SONSSonus Networks
11/04/2002PMCSPMC Sierra
10/24/2002STTState Street
10/07/2002SONSSonus Networks
05/30/2002NSANYNissan Motor Co
05/23/2002SASOYSasol Ltd
01/24/2002SUNWSun Microsystems
01/17/2002SNWLSonicwall
01/29/2001INTCIntel
11/14/2000AMRAMR Corp
10/30/2000QCOMQualcomm
 

Patents

System for visualizing data for a computer screen

D498478

D500048

D512724

D514116

D518486

D519516


 
 

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