Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/74535 
Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
ZEW Discussion Papers No. 13-028
Verlag: 
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim
Zusammenfassung: 
We study the consumer welfare effects of mergers in airline networks. Based on the development of a general classification of affected routes, we apply a difference-indifferences approach to exemplarily investigate the price effects of the America West Airlines - US Airways merger completed in 2005. We find that although average prices increased substantially on routes in which both airlines competed either on a non-stop or one-stop basis prior to the merger, substantial average price reductions observed for routes without any premerger overlap suggest that the merger led to a net increase in consumer welfare.
Schlagwörter: 
Airline industry
merger
market power
consumer welfare
price effects
JEL: 
L40
L93
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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