We study the competitive effects of five liquidations and six mergers in the domestic U.S. airline industry between … efficiencies and entry-inducing effects are found to be strong enough to drive prices down to pre-exit levels. -- Airline industry …

This paper examines how network carriers adjust product quality given the competition from a low cost carrier (LCC …). While previous research has shown that product quality (measured by on-time performance) suffers from heightened competition …

and over time. Using panel data of the U.S. airline industry, we find significant differences on the pattern of … results suggest that if HHI increases by 0:1, the log likelihood of a major airline choosing complete outsourcing relative to … no outsourcing, goes up by 3.3%. This log likelihood goes down by 5.8% if the major airline's market share increases by 0 …

We investigate the effect of competition on price dispersion in the airline industry. Using panel data from 1993 to … 2008, we find a non-monotonic effect of competition on price dispersion. An increase in competition is associated with …

This paper analyzes the effects of market structure on price dispersion in the airline industry, using panel data from … dispersion increases with competition. We find that competition has a negative effect on price dispersion, in line with the … textbook treatment of price discrimination. Specifically, the effects of competition on price dispersion are most significant …

airport-pairs to reject both conducts consistent with the Bertrand outcome, which is equivalent to perfect competition, and … the presence of low-cost competition in an airport-pair reduces the average fare significantly …