following the deregulation of the industry in January 2013. Applying both parametric and semi-parametric survival models, we …

Two years after the deregulation of the German interurban bus industry in January 2013, two new entrants emerged as … determinants of route entry for both providers. Applying survival models, we find that both companies show an increased probability … increased entry probability independent of the presence of a competitor. …

We study patterns of entry and exit in the German interurban bus industry in the first three years after its … deregulation in January 2013. Using a comprehensive data set of all firm and route entries and exits, we find that the industry … spatial perspective, three years after deregulation, the entire interurban bus network connects 60 percent of all 644 larger …

surplus. On average, we find a tendency towards negative effects on profits. This result is less likely in phases of low …

, operating surplus and profits as performance indicators are estimated. Heterogeneity and robustness are investigated by a … operating surplus of IV panel estimates. However, on average, we find a tendency towards negative effects on profits. This …

We develop a simple model of competition for the market that shows that, contrary to the Arrow view, endogenous entry …