efficiencies and entry-inducing effects are found to be strong enough to drive prices down to pre-exit levels. … on all affected routes immediately after the exit events. In the medium and long-run, however, realized merger …

Exploiting the unique economic situation after German unification, I investigate how exit decisions deviate between new … firms in a transition and a comparatively stable market environment. Two competing exit mechanisms are considered … the competing exit modes proves to be crucial in semi-parametric propor- tional hazard-rate estimations. Comparing East …

effects of entry by network carriers and low-cost carriers in non-stop U.S. airline markets. For the sample period from 1996 … to 2009, we find that entry activity of low-cost carriers did not only experience significant absolute increases but also …

The paper investigates the construction of a low cost airline network by analyzing JetBlue Airways' entry decisions … also affected entry positively. For non-stop entry into a route that has not been served on a non-stop basis before, our … network carriers. Non-stop entry into existing non-stop markets, however, shows that JetBlue concentrated on longer …

affected by demand fluctuations. Our model gives rise to procyclical entry, prices, and price-cost margins, although the …- or countercyclical if the incumbent is a first mover. Moreover, our results show that entry deterrence by the incumbent …

The paper estimates the effects of entry by low-cost carrier JetBlue Airways in long-haul domestic U.S. airline markets …. For the period from 2000 to 2009, we find that non-stop fares were on average about 21 percent lower post-entry; however …, the magnitude of the price effect depends on the pre-entry market structure. While entry into monopoly markets triggered …

We develop a simple model of competition for the market that shows that, contrary to the Arrow view, endogenous entry …