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We estimate the effect of major airlines' use of the same regional airlines (as common-subcontractors) across different markets, on ticket prices. We consider the hypothesis that there is a complementarity between the anti-competitive role of multimarket contact and the role of having common...
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We investigate whether legacy U.S. airlines communicated via earnings calls to coordinate with other legacy airlines in offering fewer seats on competitive routes. To this end, we first use text analytics to build a novel dataset on communication among airlines about their capacity choices....
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We study the effect of consolidation on airline network connectivity using three measures of centrality from graph theory: Degree, Closeness, and Betweenness. Changes in these measures from 1990 to 2015 imply: i) the average airport services a greater proportion of possible routes, ii) the...
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We use a longitudinal dataset from the US airline industry to estimate three different models for entry games with very general forms of heterogeneity between U.S. carriers in airline markets: A simultaneous game with complete information; and two sequential games with or without strategic entry...
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