The economic impact of the ATA/Southwest Airlines code-share agreement

This paper examines the economic impact of the code-sharing agreement between ATA and Southwest Airlines, the first time Southwest has chosen to enter markets via a code-share alliance rather than direct entry. We examine the impact of complementary code-sharing on incumbent airline's fares and passenger volumes and also the overall impact on consumer welfare in Denver airline markets. Empirical results show that air fares decreased and passenger volumes increased for incumbent carriers operating on code-shared routes. Further, we find evidence that this code-sharing arrangement increased both consumer and producer surplus. Thus, the well-known “Southwest Effect” is observed not only when Southwest enters a route directly, but also when it enters a route via a code-share agreement with another airline.     

Fluxes of biogenic carbon in the Southern Ocean: roles of large microphagous zooplankton

The Southern Ocean is an extreme environment, where waters are permanently cold, a seasonal ice cover extends over large areas, and the solar energy available for photosynthesis is severely restricted, either by vertical mixing to considerable depths or, especially south of the Antarctic Circle, by prolonged seasonal periods of low or no irradiance. Such conditions would normally lead to low productivity and a water column dominated by recycling processes involving microbial components of pelagic communities but this does not seem to be the case in the Southern Ocean, where there is efficient export to large apex predators and deep waters. This paper investigates the role of large microphagous zooplankton (salps, krill, and some large copepods) in the partitioning of biogenic carbon among the pools of short- and long-lived organic carbon and sequestered biogenic carbon. Large microphagous zooplankton are able to ingest microbial-sized particles and thus repackage small, non-sinking particles into both metazoan biomass and large, rapidly sinking faeces. Given the wide spatio-temporal extent of microbial trophic pathways in the Southern Ocean, large zooplankton that are omnivorous or able to ingest small food particles have a competitive advantage over herbivorous zooplankton. Krill efficiently transfer carbon to a wide array of apex predators and their faecal pellets are exported to depth during occasional brief sedimentation episodes in spring time. Salps may be a significant link towards some fish (directly) and other apex predators (indirectly) and, at some locations (especially in offshore waters) and time, they may account for most of the downward flux of biogenic carbon. Large copepods are a trophic link towards fish and at least one whale species, and their grazing activity generally impedes the export of organic particles to depth. As a result, biogenic carbon is channelled mainly towards apex predators and episodically into the deep ocean. Without these original interactions, Antarctic waters might well be dominated by microbial components and recycling processes instead of active export from the generally small primary producers towards large apex predators.     

Monitoring and modeling of coastal waters in support of environmental preservation

The improved monitoring and modeling capability resulting from recent technological advances in oceanographic sensors, computer processing power, and telecommunications can play a major role in environmental preservation. In particular, this capability can help improve: safe navigation and thus the prevention of maritime accidents that lead to hazardous spills; the effective cleanup of hazardous spills when they do occur; the real-time assessment of water quality problems; the assessment of long-term trends and variability due to both anthropogenic and climate change effects; and the understanding of key physical, chemical, and ecological processes. Presented at the International Conference on Technologies for Marine Environment Preservation (MARIENV’95), Tokyo, Japan, September 24–29, 1995     

Impact of freshwater on a subarctic coastal ecosystem under seasonal sea ice (southeastern Hudson Bay, Canada). III. Feeding success of marine fish larvae

We monitored the feeding success (percent feeding incidence at length and mean feeding ratio at length) of Arctic cod (Boreogadus saida) and sand lance (Ammodytes sp.) larvae in relation to prey density, light, temperature and potential predator density under the ice cover of southeastern Hudson Bay in the spring of 1988, 1989 and 1990. Both prey density and light limited larval fish feeding. The relationship between feeding success and actual food availability (nauplii density X irradiance) was adequately described by an Ivlev function which explained 64 and 76% of the variance in Arctic cod and sand lance feeding success respectively. By affecting both prey density and irradiance, the thickness of the Great Whale River plume (as defined by the depth of the 25 isohaline) was the main determinant of prey availability. Arctic cod and sand lance larvae stopped feeding when the depth of the 25 isohaline exceeded 9 m. Limitation of feeding success attributable to freshwater inputs occurred exclusively in 1988, the only time when the depth of the 25 isohaline exceeded the 9 m threshold. The close dependence of larval fish feeding success on the timing of the freshet and plume dynamics suggests a direct link between climate and survival of Arctic cod and sand lance larvae. The actual impact of climate fluctuations and/or hydro-electric developments on recruitment will depend on the fraction of the larval dispersal area of the two species that is affected by river plumes.     

Fleet deployment optimization for liner shipping: an integer programming model

Extending and improving an earlier work of the second author, an Integer Programming (IP) model is developed to minimize the operating and lay-up costs for a fleet of liner ships operating on various routes. The IP model determines the optimal deployment of an existing fleet, given route, service, charter, and compatibility constraints. Two examples are worked with extensive actual data provided by Flota Mercante Grancolombiana (FMG). The optimal deployment is solved for their existing ship and service requirements and results and conclusions are given.     

Seasonal variability in sea surface oceanographic conditions in the Aegean Sea (Eastern Mediterranean): an overview

Seasonal variability and the spatial distribution of sea surface temperatures (SST) and salinities (SSS) are reviewed, in relation to the prevailing climatological conditions, heat fluxes, water budget and general water circulation patterns. Within this context, consideration is given to: sea surface temperatures; air temperatures; precipitation; evaporation; wind speeds and directions; freshwater (mainly riverine) discharges throughout the Aegean; and the exchange of water masses with the Black Sea and eastern Mediterranean Sea. The investigation of satellite images, covering a 6-yr period (1988–1994), has enabled a synthesis of the monthly sea surface thermal distribution to be established.The climate of the Aegean Sea is characterised by annual air temperatures of 16–19.5°C, precipitation of about 500 mm yr⁻¹ and evaporation of some 4 mm d⁻¹. The Aegean has a negative heat budget (approximately −25 W m⁻²) and positive water balance (+ 1.0 m yr⁻¹), when inflow from the Black Sea is considered. During the summer, the (northerly) Etesians are the dominant winds over the Sea.Mean monthly sea surface temperatures (SST) vary from 8°C in the north during winter, up to 26°C in the south during summer. SST depends mainly upon air temperature; there is a month's delay between the former and latter maxima. The sea surface salinity (SSS) varies also spatially and seasonally, ranging from less than 31 psu, in the north, to more than 39 psu, in the southeast; lower values (< 25 psu) occur adjacent to the river mouths. SSSs present their maximum differences during summer, whilst during winter and autumn the distribution of SSS is more uniform. The overall spatial SST and SSS distribution pattern is controlled by: distribution of the (colder) Black Sea Waters; advection of the (warmer) Levantine Waters, from the southeastern part of the Aegean; upwelling and downwelling; and, to a lesser extent, but locally important, freshwater riverine inflows.     

The vertical disintegration of ship management: choice criteria for third party selection and evaluation

An assessment of the rationale for the vertical disintegration of ship management suggests that there might be compelling economic benefits for the separation of ownership from management. In this context, as a means for developing effective marketing strategies, it is important for ship managers to know the criteria used by current and prospective clients for ship manager selection and evaluation. The aim of this paper is to empirically identify the dimensions for ship manager selection and performance evaluation and their relative importance and to discuss the implications for marketing emanating from such an assessment. The methodology adopted includes the collection of secondary and primary data, both from ship managers and their clients, using interviews and a mail survey. The results indicate the prevailing importance of certain dimensions in selection (e.g. technical ability, reputation, competency) and evaluation (responsiveness, trustworthiness, technical ability), whereas it also found that price alone is not perceived to be as important in ship manager selection. It is concluded that placing emphasis on such dimensions in the formulation of a marketing strategy will contribute towards the attraction and retention of clients, whereas cost-cutting measures to allow price reduction, as well as advertising, will be ineffective over the long term.     

An alternative perspective on common property resource allocation decisions in the coastal zone

Abstract

This article argues that using the public sector and the private market in the historically delineated and traditional ways offers only the bluntest of tools with which to approach the complex problem of coastal zone management. It therefore seeks to provide a basis for reformulating our understanding of sectoral responsibility with regard to resources management. First, it conceptually analyzes the relative strengths and weaknesses of the two sectors. Second, it examines three examples of coastal resources management—beaches and shorelands, artificial reefs, and coastal wetlands—in analyzing the complexities of the coastal management challenge and the limitations of our current approaches. Finally, we provide an alternative perspective on how these common property resource allocation decisions can be made.