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-reducing effort. Using a non-nested test and observations on the largest European airlines between 1985 and 1999, we show the …
Persistent link: https://www.econbiz.de/10005667136
In this paper we examine the causal impact of competition on management quality. We analyze the hospital sector where … geographic proximity is a key determinant of competition, and English public hospitals where political competition can be used to … management quality - measured using a new survey tool - is strongly correlated with financial and clinical outcomes such as …
Persistent link: https://www.econbiz.de/10008468548
In this paper we specify and estimate a structural model which accounts for competition in two variables: capacity and …-cat strategy. In other words, European airlines over-invest in capacities in order to be less aggressive. Moreover, we find that … competition is not accounted for. …
Persistent link: https://www.econbiz.de/10005123777
The paper develops a numerical simulation model to assess the possible consequences of competition on inter … very substantial efficiency gains from competition. …
Persistent link: https://www.econbiz.de/10005656207
an EU directive intends, from charging differential prices to airlines? Our major findings are: (a) an increase in … countervailing power, via an increase in downstream concentration, typically lowers landing fees, but depends on the competition … regime between airlines and whether airports can price discriminate: airline concentration reduces the landing fee when …
Persistent link: https://www.econbiz.de/10008854469
. The assumption that airlines compete on price allows us to take advantage of the observational equivalence between … Bertrand competition and the reverse English auction. We then apply an MLE method, developed by Paarsch (1997) for estimating … to be 4.3 percent higher, which is likely related to more effcient revenue management practice by alliance partners …
Persistent link: https://www.econbiz.de/10011165655
The much-studied relationship between domestic rivalry and export performance consists of those supporting a national-champion rationale, and those supporting a rivalry rationale. While the empirical literature generally supports the positive effects of domestic rivalry, the national-champion...
Persistent link: https://www.econbiz.de/10005662088
entry. But in oligopolistic markets, the mechanisms whereby potential competition can discipline the behaviour of incumbent … develops a model in which potential competition has no direct effect upon the pricing behaviour of incumbents, but affects the … entry barrier, as well as helping firms to segment the market in a way that blunts the force of price competition. These …
Persistent link: https://www.econbiz.de/10005661862
enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main … competition-friendly and therefore more growth-enhancing. …
Persistent link: https://www.econbiz.de/10009359485
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427