"Public transit in North America is in crisis. Ridership is down, fares are up, breakdowns more frequent, and in some cities trains are delayed because the tracks are literally on fire. Meanwhile, ride-sharing platforms like Uber and Lyft offer an alternative to standing on a crowded bus. And...

The paper estimates the effects of entry by low-cost carrier JetBlue Airways in long-haul domestic U.S. airline markets. For the period from 2000 to 2009, we find that non-stop fares were on average about 21 percent lower post-entry; however, the magnitude of the price effect depends on the...

We investigate the competitive effects of the merger between Delta Air Lines and Northwest Airlines (2009) in the domestic U.S. airline industry. Applying fixed effects regression models we find that the transaction led to short term price increases of about 11 percent on overlapping routes and...