ENTRY DETERRENCE AND STRATEGIC ALLIANCES.

Researchers have written extensively on the impact that strategic alliances between airlines have on airfare, but little is known of the market entry deterrent impact of strategic alliances. Using a structural econometric model, this paper examines the market entry deterrent impact of codesharing, a...

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Detalles Bibliográficos
Publicado en:Economic Inquiry Vol. 56; no. 3; pp. 1898 - 1925
Autores principales: Gayle, Philip G., Xie, Xin
Formato: Artículo
Publicado: Wiley-Blackwell Jul2018
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        129933577
        10.1111/ecin.12559
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        atl: ENTRY DETERRENCE AND STRATEGIC ALLIANCES.
      aug:
        au:
          Gayle, Philip G.
          Xie, Xin
        affil:
          Professor, Department of Economics, Kansas State University, Manhattan, KS 66506
          Assistant Professor, Department of Economics and Finance, East Tennessee State University, Johnson City, TN 37614
      su:
        Market entry
        Airline rates
        Codeshare agreements
        Strategic alliances (Business)
        Incumbency (Public officers)
      sug:
        subj:
          Market entry
          Airline rates
          Codeshare agreements
          Strategic alliances (Business)
          Incumbency (Public officers)
      ab: Researchers have written extensively on the impact that strategic alliances between airlines have on airfare, but little is known of the market entry deterrent impact of strategic alliances. Using a structural econometric model, this paper examines the market entry deterrent impact of codesharing, a form of strategic alliance, between incumbent carriers in domestic air travel markets. We find evidence of market entry deterrence, but deterrence impact depends on the specific type of codesharing between market incumbents as well as the identity of the potential entrant. We quantify the extent to which market incumbents' codesharing influences potential entrants' market entry cost and probability of market entry. (JEL L13, L93)
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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