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Airline Mergers: A Longer View
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Airline Mergers: A Longer View (1996)Airline Mergers: A Longer ViewThe evolution of the airline industry (1996)The evolution of the airline …MERGERS AND MARKET POWER -- EVIDENCE FROM THE AIRLINE INDUSTRY. (1993)MERGERS AND MARKET POWER -- E…AIRLINE MERGERS, AIRPORT DOMINANCE, AND MARKET POWER (1990)AIRLINE MERGERS, AIRPORT DOMI…Repositioning and market power after airline mergers (2022)Repositioning and market powe…Evaluating the price effects of two airline mergers in China (2020)Evaluating the price effects …Cost structure effects of horizontal airline mergers and acquisitions (2020)Cost structure effects of hor…Effect of Merger on Market Price and Product Quality: American and US Airways (2019)Effect of Merger on Market Pr…Network Structure and Consolidation in the U.S. Airline Industry, 1990–2015 (2017)Network Structure and Consoli…Mergers and service quality in the airline industry: A silver lining for air travelers? (2016)Mergers and service quality i…The Price Effects of the Delta/Northwest Airline Merger (2013)The Price Effects of the Delt…On the Performance of the U.S. Transportation System: Caution Ahead (2013)On the Performance of the U.S…THE IMPACT OF MERGERS ON FARES STRUCTURE: EVIDENCE FROM EUROPEAN LOW‐COST AIRLINES (2011)THE IMPACT OF MERGERS ON FARE…Does Merger Control Work? A Retrospective on U.S. Enforcement Actions and Merger Outcomes (2011)Does Merger Control Work? A R…An Empirical Analysis of a Merger between a Network and Low-Cost Airlines (2011)An Empirical Analysis of a Me…Policy Implications of the Effects of Concentration and Multimarket Contact in China’s Airline Market (2009)Policy Implications of the Ef…Government failure versus market failure: microeconomics policy research and government performance (2007)Government failure versus mar…Government failure versus market failure (2006)Government failure versus mar…Does Antitrust Policy Improve Consumer Welfare? Assessing the Evidence (2003)Does Antitrust Policy Improve…Network Effects, Congestion Externalities, and Air Traffic Delays: Or Why All Delays Are Not Evil (2002)Network Effects, Congestion E…Hubs and High Fares: Dominance and Market Power in the U.S. Airline Industry (1989)Do Substantial Horizontal Mergers Generate Significant Price Effects? Evidence From The Banking Industry (1998)Sources and Financial Consequences of Radical Innovation: Insights from Pharmaceuticals (2003)The market for corporate control (1983)Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms (1988)Takeovers: Their Causes and Consequences (1988)Wealth creation versus wealth redistributions in pure stock-for-stock mergers1We are grateful to Tom Arnold, Sanjai Bhagat, James Bicksler, David Blackwell, Ekkehart Boehmer, Ted Bos, Robert Brokaw, Bill Carleton, Bob Comment, Chris Cornwell, Mary Dehner, Bob Eisenbeis, Jimmy Hilliard, Randy Howard, Steve Jones, Ed Kane, Josef Lakonishok, Larry Lang, Bill Lewellen, Marc Lipson, Paul Malatesta, Jeff Netter, Cathy Niden, Volker Pollmann, Annette Poulsen, Jay Ritter, Richard Ruback, Louis Scott, Joe Sinkey, Bill Schwert (the editor), Ralph Walkling (the referee), Ron Warren, J. Fred Weston, Karen Wruck, and seminar participants at the University of Arizona, the University of Delaware, the University of Illinois, the University of Georgia, the University of Miami, Seattle University, the 1995 European Finance Association, the 1996 Financial Management Association, and the 1996 American Finance Association meetings for their helpful comments and recommendations. We also gratefully acknowledge the financial support provided for this project by the University of Georgia Research Foundation. Finally, Steve Henry, Rick McKinney, David Quillian, and Ryan Vaughn provided vital assistance with data collection and assisted with data input.1 (1998)Acquisition vs. internal development as modes of market entry (2009)The Logic of Collective Action. (1966)A Theory of Competition Among Pressure Groups for Political Influence (1983)61. Capitalism and Freedom (2002)Infrastructure Procurement: Learning from Private–Public Partnership Experiences ‘Down Under’ (2011)Policy mix: mess or merit? (2018)Power without Knowledge (2019)CONGESTION THEORY AND TRANSPORT INVESTMENT (1969)The economics of networks (1996)Low Cost Carrier Growth in the U.S. Airline Industry: Past, Present, and Future (2005)Regulation and Deregulation after 25 Years: Lessons Learned for Research in Industrial Organization (2005)Mergers and product quality: Evidence from the airline industry (2018)Economies of Traffic Density in the Deregulated Airline Industry (1994)How do Incumbents Respond to the Threat of Entry? Evidence from the Major Airlines * (2008)Did Robert Bork Understate the Competitive Impact of Mergers? Evidence from Consummated Mergers (2014)Are legacy airline mergers pro- or anti-competitive? Evidence from recent U.S. airline mergers (2017)Measuring Market Power in the Ready-to-Eat Cereal Industry (1998)New Evidence and Perspectives on Mergers (2001)Cartel overcharges: Survey and meta-analysis (2006)The Effect of Mergers on Consumer Prices: Evidence from Five Mergers on the Enforcement Margin (2010)How effective is European merger control? (2011)American Economic Review (2019)A Theory of the Allocation of Time (1965)Is public expenditure productive? (1989)Increasing Returns and Economic Geography (1990)Why do U.S. states adopt public–private partnership enabling legislation? (2013)Can private airport competition improve runway pricing? The case of San Francisco Bay area airports (2014)Subsidies in air transport markets: The economic consequences of choosing the wrong mechanism (2022)Quantifying the competitive effects of production joint ventures (1986)Evaluating the Performance of Merger Simulation: Evidence from the U.S. Airline Industry (2006)Do retail mergers affect competition? Evidence from grocery retailing (2017)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)U.S. Industry Adjustment to Economic Deregulation (1998)An application of DEA to measure the efficiency of Spanish airports prior to privatization (2001)Evaluation of deregulated airline networks using data envelopment analysis combined with principal component analysis with an application to Western Europe (2001)
this work references cited by second hop

References

  • 1993MERGERS AND MARKET POWER -- EVIDENCE FROM THE AIRLINE INDUSTRY.630 cited
  • 1990AIRLINE MERGERS, AIRPORT DOMINANCE, AND MARKET POWER343 cited
  • 1996The evolution of the airline industry260 cited

Cited by

  • 2003Does Antitrust Policy Improve Consumer Welfare? Assessing the Evidence258 cited
  • 2007Government failure versus market failure: microeconomics policy research and government performance163 cited
  • 2013On the Performance of the U.S. Transportation System: Caution Ahead84 cited
  • 2011Does Merger Control Work? A Retrospective on U.S. Enforcement Actions and Merger Outcomes83 cited
  • 2013The Price Effects of the Delta/Northwest Airline Merger72 cited
  • 2006Government failure versus market failure67 cited
  • 2002Network Effects, Congestion Externalities, and Air Traffic Delays: Or Why All Delays Are Not Evil54 cited
  • 2022Repositioning and market power after airline mergers42 cited
  • 2009Policy Implications of the Effects of Concentration and Multimarket Contact in China’s Airline Market38 cited
  • 2011An Empirical Analysis of a Merger between a Network and Low-Cost Airlines37 cited
  • 2011THE IMPACT OF MERGERS ON FARES STRUCTURE: EVIDENCE FROM EUROPEAN LOW‐COST AIRLINES35 cited

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2016
Mergers and service quality in the airline industry: A silver lining for air travelers?
33 cited
  • 2019Effect of Merger on Market Price and Product Quality: American and US Airways32 cited
  • 2017Network Structure and Consolidation in the U.S. Airline Industry, 1990–201530 cited
  • 2020Cost structure effects of horizontal airline mergers and acquisitions24 cited
  • 2020Evaluating the price effects of two airline mergers in China22 cited