Domestic airline alliances and consumer welfare

RAND Journal of Economics

Volumn 39, Issue 3, 2008, Pages 875-904

  Armantier, Olivier ^a   Richard, Oliver ^b  

^a Canada H3A 2T7

^b United States Department of Justice   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 54049152826     PISSN: 07416261     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1756-2171.2008.00042.x     Document Type: Article

References (37)

1. ARMANTIER, O. AND RICHARD, O. "Exchanges of Cost Information in the Airline Industry." RAND Journal of Economics, Vol. 34 (2003), pp. 461-477.
2. _ AND _. "Domestic Airline Alliances and Consumer Welfare." Mimeo, University of Montreal, 2004.
3. _ AND _. "Evidence on Pricing from the Continental Airlines and Northwest Airlines Code-Share Agreement." In D. Lee, ed., Advances in Airline Economics, Vol. 1: Competition Policy and Antitrust. London: Elsevier Press, 2006.
4. BAMBERGER, G., CARLTON, D., AND NEUMAN, L. "An Empirical Investigation of the Competitive Effects of Domestic Airline Alliances." Journal of Law and Economics, Vol. 47 (2004), pp. 195-222.
5. BERRY, S. "Airport Presence as Product Differentiation. " American Economic Review Papers and Proceedings, Vol. 80 (1990), pp. 394-399.
6. _. "Estimating Discrete-Choice Models of Product Differentiation." RAND Journal of Economics, Vol. 25 (1994), pp. 242-262.
7. _, LEVINSOHN, J., AND PAKES, A. "Automobile Prices in Market Equilibrium." Econometrica, Vol. 63 (1995), pp. 841-860.
8. _, CARNALL, M., AND SPILLER, P. "Airline Hubbing: Costs and Demand." In D. Lee, ed., Advances in Airline Economics, Vol. 1: Competition Policy and Antitrust. London: Elsevier Press, 2006.
9. BORENSTEIN, S. "Hubs and High Fares: Dominance and Market Power in the U.S. Airline Industry." RAND Journal of Economics, Vol. 20 (1989), pp. 344-365.
10. _. "The Dominant-Firm Advantage in Multiproduct Industries: Evidence from the U.S. Airline Industry." Quarterly Journal of Economics, Vol. 106 (1991), pp. 1245-1265.
11. _ AND ROSE, N. "Competition and Price Dispersion in the U.S. Airline Industry." Journal of Political Economy, Vol. 102 (1994), pp. 653-683.
12. BRUECKNER, J. "The Economics of International Codesharing: An Analysis of Airline Alliances." International Journal of Industrial Organization, Vol. 19 (2001), pp. 1475-1498.
13. _. "International Airfares in the Age of Alliances." Review of Economics and Statistics, Vol. 85 (2003), pp. 105-118.
14. _ AND WHALEN, T. "The Price Effects of International Airline Alliances." Journal of Law and Economics, Vol. 43 (2000), pp. 503-545.
15. CRAGG, J.G. AND DONALD, S.G. "Testing Identifiability and Specification in Instrumental Variable Models." Econometric Theory, Vol. 9 (1993), pp. 222-240.
16. EVANS, W. AND KESSIDES, I. "Localized Market Power in the U.S. Airline Industry." Review of Economics and Statistics, Vol. 75 (1993), pp. 66-75.
17. HICKERNELL, F.J., HONG, H.S., L'ECUYER, P., AND LEMIEUX, C. "Extensible Lattice Sequences for Quasi-Monte Carlo Quadrature." SIAM Journal on Scientific Computing, Vol. 22 (2000), 1117-1138.
18. ITO, H. AND LEE, D. "Domestic Codesharing, Alliances, and Airfares in the U.S. Airline Industry." Journal of Law and Economics, Vol. 50 (2007), pp. 355-380.
19. KARLSSON, A. AND SKOGLUND, J. "Maximum-Likelihood Based Inference in the Two-Way Random Effects Model with Serially Correlated Time Effects." Empirical Economics, Vol. 29 (2004), pp. 79-88.
20. LIESENFELD, R. AND RICHARD, J.F. "Monte Carlo Methods and Bayesian Computation: Importance Sampling." In N.J. Smelser and P.B. Baltes, International Encyclopedia of the Social and Behavioral Sciences. Oxford: Elsevier Science, 2001.
21. MCFADDEN, D. "Econometric Models of Probabilistic Choice." In C.F. Manski and D. McFadden, eds., Structural Analysis of Discrete Data. Cambridge, Mass.: MIT Press, 1981.
22. MORRISON, S. AND WINSTON, C. The Economic Effects of Airline Deregulation. Washington, DC: Brookings Institution, 1986.
23. _ AND _. The Evolution of the Airline Industry. Washington, DC: Brookings Institution, 1995.
24. NETESSINE, S. AND SHUMSKY, R. "Revenue Management Games: Horizontal and Vertical Competition." Management Science, Vol. 51 (2005), pp. 813-831.
25. NEVO, A. "A Practitioner's Guide to Estimation of Random-Coefficients Logit Models of Demand." Journal of Economics and Management Strategy, Vol. 9 (2000), pp. 513-548.
26. NEWEY, W.K. AND WEST, K. "Hypothesis Testing with Efficient Method of Moments Testing." International Economic Review, Vol. 28 (1987), pp. 777-787.
27. OUM, T., GILLEN, D., AND NOBLE, S.E. "Demands for Fareclasses and Pricing in Airline Markets." Logistics and Transportation Review, Vol. 22 (1986), pp. 195-222.
28. PARK, J. "The Effect of Airline Alliances on Markets and Economic Welfare." Transportation Research, Vol. 33 (1997), pp. 181-195.
29. _ AND ZHANG, A. "Airline Alliances and Partner Firms' Output." Transportation Research, Vol. 34 (1998), pp. 245-255.
30. _ AND _. "An Empirical Analysis of Global Airline Alliances: Cases in North Atlantic Markets." Review of Industrial Organization, Vol. 16 (2000), pp. 367-384.
31. PETERS, C. "Airline Merger Simulation." Journal of Law and Economics, Vol. 49 (2006), pp. 627-649.
32. RICHARD, O. "Flight Frequency and Mergers in Airline Markets." International Journal of Industrial Organization, Vol. 21 (2003), pp. 907-922.
33. RICHARD, J.F. AND ZHANG, W. "Efficient High-Dimensional Monte-Carlo Importance Sampling." Mimeo, University of Pittsburgh, 1998.
34. SINGLETON, K. "Testing Specifications of Economic Agents' Intertemporal Optimum Problems in the Presence of Alternative Models." Journal of Econometrics, Vol. 30 (1985), pp. 391-413.
35. SMALL, K. AND ROSEN, H. "Applied Welfare Economics with Discrete Choice Models." Econometrica, Vol. 49 (1981), pp. 105-130.
36. STOCK, J.H. AND YOGO, M. "Testing for Weak Instruments in IV Regression." In D.W.K. Andrews and J.H. Stock, eds., Identification and Inference for Econometric Models: A Festschrift in Honor of Thomas Rothenberg. Cambridge, UK: Cambridge University Press, 2005.
37. WHALEN, T. "The Welfare Effects of Domestic Airline Alliances." Mimeo, University of Illinois Urbana-Champaign, 1999.