This paper will differ in the following: the most recent data will be used, merger simulations will be performed at the market level, marginal costs will be directly estimated, and Cournot conduct will be assumed. Moreover, almost twenty years from now, researchers already predicted the reduction of the number of airlines in this industry in the U.
In the end, do mergers in this industry automatically raise prices and reduce volumes? Are they still desirable today and if so, under which conditions? Paul Belleflamme, Martin Peitz.
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Industrial Organization: Markets and Strategies. Cambridge University Press. Chapter 3: Static Imperfect Competition; p.
Steven Berry, Panle Jia. American Economic Journal: Microeconomics. Volume 2, Issue 3, p.
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Severin Boresntein. The American Economic Review. Volume 80, Issue 2, p. Severin Borenstein.
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The Evolution of U. Airline Competition. Journal of Economic Perspectives. Volume 6, Issue 2, p.
Federico Ciliberto, Elie Tamer. Volume 77, Issue 6, p. Quantitative Techniques for Competition and Antitrust Analysis. Princeton University Press. Chapter 8: Merger Simulations; p.
EXPERT ECONOMIC TESTIMONY IN ANTITRUST CASES: A COMPARATIVE LAW AND ECONOMICS STUDY*
William N. Evans and Ioannis N. Localized Market Power in the U. Airline Industry. The Review of Economics and Statistics. Philip G. More generally, the authors provide a comprehensive introduction to the field. The authors provide essential guidance for skilled antitrust practitioners who want to learn up-to-date empirical methods.
The comprehensive body of material, skillfully explained, will also be of great use to graduate students and academics who want to explore the intersections of policy and econometric practice. It fills important gaps because no other recent book combines insights from empirical industrial organization and quantitative competition policy analysis. There is also a very good mix between discussion of techniques and cases. Although its primary audience is practitioners at competition policy authorities, it will also interest academics and consultants and can serve as a textbook for advanced masters and PhD courses.
Applied industrial organization is a rapidly developing field, with many open areas and problems, but practitioners are often forced to work with what is available to make antitrust decisions. A good user's manual like this one is important to have. I am sure practitioners will find this a handy toolbox. Help Centre.
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Industry Reviews "This book will be eminently helpful to both the practitioner with an undergraduate background in economics and to the academic economist. Preface p. All Rights Reserved.
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