congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive … pricing that captures a number of these features. The model in particular reflects (1) that airlines typically have market … power and are engaged in oligopolistic competition at different sub-markets; (2) that part of external travel delays that …

route network expansion of low-cost airlines to identify routes where the probability of future entry increase dramatically … entry occurs. Overall, the main findings suggest that airlines respond to entry threats trading off the benefits of short …

paper examines the role of market competition for this trend in corporate reorganization. We find that at intermediate … levels of competition the CEO of the corporation decides to have less power inside the firm and to delegate control to lower … when competition is not too tough and not too weak. The model predicts merger waves or waves of outsourcing when countries …

paper examines the role of market competition for this trend in corporate reorganization. We find that at intermediate … levels of competition the CEO of the corporation decides to have less power inside the firm and to delegate control to lower … when competition is not too tough and not too weak. The model predicts merger waves or waves of outsourcing when countries …

Recent theoretical contributions provide conflicting predictions about the effects of product market competition on … analyze the relationship between import competition and vertical integration. Exploiting exogenous variation from changes in … India's trade policy, we find that foreign competition, induced by falling output tariffs, increases backward vertical …