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 …

increasing offshoring activity increases competition in the final goods market, leading to a progressive vertical disintegration … of the supply chains. Initially, the firms that decide to explore offshoring potential choose integration. As competition … fully domestic supply chains, the increasing competition promotes a sequential disintegration of the domestic intermediate …