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This paper investigates strategic interaction among airlines in product-quality choices. Using an instrumental … its own characteristics and to the frequencies of competing airlines. A positive reaction function slope is found in some … multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect. …
Persistent link: https://www.econbiz.de/10010291565
This paper assesses the impact of the September 11th terrorist attacks and its after-effects on U.S. airline demand. Using monthly time-series data from 1986-2003, we find that September 11th resulted in both a negative transitory shock of over 30% and an ongoing negative demand shock amounting...
Persistent link: https://www.econbiz.de/10010318855
for performance and long-term profitability. While outsourcing reduces the operating costs of major airlines, it increases …
Persistent link: https://www.econbiz.de/10012926435
Persistent link: https://www.econbiz.de/10012156411
We document that the speed of information dissemination within mutual fund families positively affects the performance of member funds. This suggests that the resulting benefits of higher information precision far outweigh free-riding costs associated with fast internal dissemination. The...
Persistent link: https://www.econbiz.de/10011296785
We examine how speed of information diffusion within mutual fund families affects the performance and trading behavior of the corresponding member mutual funds. Timely information flows within the organization lead to better fund performance, and even more so when information flows across funds...
Persistent link: https://www.econbiz.de/10010471723
behavior of nondiversified competitors beyond effects on risk due to competition. Empirical results obtained from the U …
Persistent link: https://www.econbiz.de/10013114769
I study the effect of increasing competition on financial performance through labour leverage. To capture competition …
Persistent link: https://www.econbiz.de/10012308288
last decade and must be considered as the main driver of competition in the domestic U.S. airline industry. -- Airline …
Persistent link: https://www.econbiz.de/10009244225
multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect. -- airlines …This paper investigates strategic interaction among airlines in product-quality choices. Using an instrumental … its own characteristics and to the frequencies of competing airlines. A positive reaction function slope is found in some …
Persistent link: https://www.econbiz.de/10009690744