This paper investigates strategic interaction among airlines in product-quality choices. Using an instrumental … variables approach, the paper estimates flight-frequency reaction functions, which relate an airline’s frequency on a route to … its own characteristics and to the frequencies of competing airlines. A positive reaction function slope is found in some …

unbundling. The theory predicts that an airline’s fares should fall when it introduces a bag fee, but that the full trip price …This paper provides theory and evidence on airline bag fees, offering insights into a real-world case of product …

This paper offers the first formal economic analysis of carve-outs under airline antitrust im- munity. Carve-outs are …

This paper explores the effect of airline emissions charges on airfares, airline service quality, aircraft design … features, and network structure, using a detailed and realistic theoretical model of competing duopoly airlines. These impacts … charges will alter airline choices. The results show that emission charges will raise fares, reduce flight frequency, increase …

This paper explores the effects of a European airline merger followed by a consolidation of two competing international …-KLM and SkyTeam alliances into a single mega-alliance. The results of the analysis show that, although the airlines benefit …

the effect of connecting a household to the grid and of the quality of electricity, defined as hours of daily supply. The … quality of electricity (in terms of fewer outages and more hours per day) increases non-agricultural incomes by about 28 …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are … entrepreneurial effort allocated to high-quality invention projects. Using data on patents granted to small firms and individuals, we … find evidence that high-quality inventions are sold under preemptive bidding competition. Asymmetric information problems …

We study the incentives for hospitals to provide quality and expend cost-reducing effort when their budgets are soft, i …. Softer budgets reduce cost efficiency, while the effect on quality is ambiguous. For given cost efficiency, softer budgets … increase quality since parts of the expenditures may be covered by the payer. However, softer budgets reduce cost …

We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect … structure, we show that the relationship between competition and quality is generally ambiguous. In contrast to the received …