Market structure and competition in airline markets

F Ciliberto, C Murry, E Tamer - Journal of Political Economy, 2021 - journals.uchicago.edu
We provide an econometric framework for estimating a game of simultaneous entry and
pricing decisions while allowing for correlations between unobserved cost and demand …

[HTML][HTML] A survey of preference estimation with unobserved choice set heterogeneity

GS Crawford, R Griffith, A Iaria - Journal of Econometrics, 2021 - Elsevier
We provide an introduction to the estimation of discrete choice models when choice sets are
heterogeneous and unobserved to the econometrician. We survey the two most popular …

Repositioning and market power after airline mergers

S Li, J Mazur, Y Park, J Roberts… - The RAND Journal …, 2022 - Wiley Online Library
We estimate a model of route‐level competition between airlines who choose whether to
offer nonstop or connecting service before setting prices. Airlines have full information about …

Does competition increase quality? Evidence from the US airline industry

R Gil, M Kim - International Journal of Industrial Organization, 2021 - Elsevier
This paper studies the impact of competition on quality provision in the US airline industry
exploiting a novel source of exogenous variation in competition. While mergers among …

The welfare consequences of mergers with endogenous product choice

MJ Mazzeo, K Seim, M Varela - The Journal of Industrial …, 2018 - Wiley Online Library
Merger simulations focus on the price changes that result once previously independent
competitors set prices jointly and other market participants respond. We consider the …

Price competition and endogenous product choice in networks: Evidence from the us airline industry

C Bontemps, C Gualdani, K Remmy - 2023 - econstor.eu
We develop a two-stage game in which competing airlines first choose the networks of
markets to serve in the first stage before competing in price in the second stage. Spillovers in …

Market power in the us airline industry

G Bet - Available at SSRN 3913695, 2021 - papers.ssrn.com
I document the evolution of market power in the US airline industry for the period 1990: Q1-
2019: Q4. I recover estimates of markups, defined as the ratio of price to marginal cost, at the …

Multiple treatments with strategic substitutes

JF Balat, S Han - Journal of Econometrics, 2023 - Elsevier
We develop an empirical framework to identify and estimate the effects of treatments on
outcomes of interest when the treatments are the result of strategic interaction (eg …

[PDF][PDF] Preference estimation with unobserved choice set heterogeneity using sufficient sets

GS Crawford, R Griffith, A Iaria - 2019 - econ.uzh.ch
In this paper, we provide an introduction to the problems that arise in estimating discrete
choice models when choice sets are heterogeneous and unobserved to the econometrician …

Product specification under a threat of entry: Evidence from Airlines' departure times

G Bet - International Journal of Industrial Organization, 2021 - Elsevier
I examine how incumbent airlines adjust their departure times in response to the threat of
entry by Southwest Airlines. I find that incumbents space their flights more evenly throughout …