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The domestic airline merger phenomenon of the late 1980s and early 1990s sparked a great deal of Industrial … competitive incentives helps explain domestic airline merger activity. A Cournot model of airline competition illustrates that …
Persistent link: https://www.econbiz.de/10014028041
Codesharing has become an essential tool for airline alliances. This paper investigates the effects of codesharing on …
Persistent link: https://www.econbiz.de/10014076022
This paper examines the economic consequences of code-sharing agreements (CSA) in the airline market. CSA can be viewed …
Persistent link: https://www.econbiz.de/10014077048
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model using data from the domestic US airline market and find significant spillovers in entry. In a counterfactual exercise …, we evaluate the 2013 merger between Amer- ican Airlines and US Airways. Our results highlight that spillovers in entry … and post-merger network readjustments play an important role in shaping post-merger outcomes. …
Persistent link: https://www.econbiz.de/10014313556
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Conventional economic wisdom suggests that congestion pricing would be an appropriate response to cope with the growing congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive congestion prices equal to the value of marginal...
Persistent link: https://www.econbiz.de/10011334350
positive relationship predicted by theoretical models. In this paper, I exploit the airline industry network structure and …
Persistent link: https://www.econbiz.de/10014048239
differentiated products over a finite horizon when facing demand fluctuations. I estimate the model in U.S. oligopolistic airline …
Persistent link: https://www.econbiz.de/10012898558