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...

We investigate airport peak-load pricing using a vertical structure of airport and airlines. We find that a profit-maximizing airport would charge higher peak and off-peak runway prices and a higher peak/off-peak price differential than a public airport. Consequently, airport privatization would...

Recent `open-economy industrial organization' literature finds export orientation enhances the weight of post-merger international competitive gains, favouring lenient domestic merger policy. However, mergers seldom generate the `significant synergies' supportive of international competitive...

Labor contracts affect a firm's cost function and for this reason they can be used as a recommitment device to gain a strategic advantage against other firms. In a model that is otherwise neutral, it is found that if firms compete in prices, then strategic considerations alone yield results...

This article presents an analysis of common sales agents based on their precommitment role when sellers are better informed about the products than potential buyers. The author shows that an exclusive channel can create a cost, owing to the inability of exclusive sellers to commit themselves to...

In this paper, the effects of the strategic interaction between deregulated airlines on their network choice are analyzed. The authors examine whether switching from a linear to a hub-spoke network confers a strategic advantage because it saves costs and improves service quality. They find that,...