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routes in which both airlines competed either on a non-stop or one-stop basis prior to the merger, substantial average price … classification of affected routes, we apply a difference-indifferences approach to exemplarily investigate the price effects of the … America West Airlines - US Airways merger completed in 2005. We find that although average prices increased substantially on …
Persistent link: https://www.econbiz.de/10009746475
larger price increases than mergerrelated exits. Within the merger category, our analysis reveals significant price increases … on all affected routes immediately after the exit events. In the medium and long-run, however, realized merger … ; exit ; liquidation ; merger ; efficiencies ; entry-inducing effects …
Persistent link: https://www.econbiz.de/10009550127
analyze three therapeutic classes with different treatment durations and show that the reform led to substantial price … decreases for our lifelong treatment and to less substantial price reductions for our medium duration treatment while we do not …
Persistent link: https://www.econbiz.de/10010462523
We analyze the best price clauses (BPCs) of online travel agents (OTAs) using meta-search price data of more than 45 … price leader more often. Moreover, hotels make rooms more often available at Booking.com when it does not use the narrow BPC. …
Persistent link: https://www.econbiz.de/10011543473
We analyze the best price clauses (BPCs) of online travel agents (OTAs) using meta-search price data of more than 45 … price leader more often. Moreover, hotels make rooms more often available at Booking.com when it does not use the narrow BPC. …
Persistent link: https://www.econbiz.de/10011778141
We analyze the best price clauses (BPCs) of online travel agents (OTAs) using meta-search price data of nearly 30 … strictly lowest price more often. Moreover, hotels publish their offers more often at Booking.com when it does not use the …
Persistent link: https://www.econbiz.de/10011648487
prices and price/earnings ratios. We use a natural way to discriminate between pure stock market influences on firm decisions … and other influences by examining merger patterns for both listed and unlisted firms. If "real" changes in the economy … drive merger waves, as some neoclassical theories of mergers predict, both listed and unlisted firms should experience waves …
Persistent link: https://www.econbiz.de/10003761009
We study the welfare effects of non-binding advance price announcements. Applying a differentiated Bertrand model with … has suggested. We conclude that – although non-binding advance price announcements may raise competition concerns – in …
Persistent link: https://www.econbiz.de/10011316431
We study competition in the German interurban bus industry two years after its liberalization in January 2013. In addition to a brief characterization of the liberalization process and several general market developments, we provide a detailed analysis of selected market characteristics such as...
Persistent link: https://www.econbiz.de/10011316405
to study both competitive interaction in general and the potential price effects of a recently announced merger of the … empirical results suggest short-term price increases on certain route types post-merger, it remains an open question whether the … 2013. In addition to a general description of key developments of the industry, we use a unique route-level price data set …
Persistent link: https://www.econbiz.de/10011316417