The literature on exchanges of information has ignored firms' entry decisions. Yet, the Federal Trade Commission recently expressed concerns that exchanges of information in business-to-business electronic platforms would adversely impact entry and, thus, consumers. When entry decisions are...

Recent code-share agreements among major US airlines represent a significant development in the airline industry, as these agreements allow the partner airlines to sell seats on each other's flights across the US. In this paper, we examine with original data how prices and passenger volumes were...

This paper investigates the consumer welfare consequences of the recent code-share agreement between Continental Airlines and Northwest Airlines. We develop a discrete choice model based on individual flight characteristics. This structural model recognizes that consumers i) may have...

We show that exchanges of cost information in models with entry may benefit consumers in a wide range of market structures, including multimarket models with independently distributed costs and duopolies. These results contrast with previous findings in models without entry

We empirically analyze exchanges of cost information in a multimarket oligopoly model for the airline industry with entry and incomplete information on marginal costs. We develop an algorithm to solve the Nash equilibrium numerically. We estimate the structural model of supply decisions using...