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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. …
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stage. We estimate the model using data from the US airline industry and find that not accounting for endogenous entry leads … to biased estimation of demand elasticities. We simulate a merger between American and US Airways and find that product … repositioning and post-merger outcomes depend on how we model the characteristics of the merged firm as a function of the pre-merger …
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a structural model to evaluate the effectiveness of alternative slot divestiture schemes in the US airline industry … condition of the American/US Airways merger. Departing from the existing literature, my model accounts for how the number of …) compared to approving the merger without divestiture, but that it re-allocated surplus between consumers in different markets …
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