Evaluating the Performance of Merger Simulation: Evidence from the U.S. Airline Industry*

By C. Peters. Journal law and economy, 2006

322 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/c5dbfb67e29790b3233bd8c4d8e4b44aa24eeca0

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Citations in the corpus

Anticompetitive Effects of Common Ownership (2018, unknown): “Several earlier papers study the price effect of airline mergers and other route characteristics (Borenstein, 1990; Werden, Joskow, and Johnson, 1991; Kim and Singal, 1993; Borenstein and Rose, 1994, 1995; Peters, 2006; Luo, 2014).”
Does Merger Simulation Work? Evidence from the Swedish Analgesics Market (2016, methodology): “Peters (2006) looks at the simulated and actual price increases by the merging rmsin several airline mergers. Weinberg (2011) and Weinberg and Hosken (2012) look at the price increases of both the merging rms and their competing rivals.”
The Effect of Mergers on Consumer Prices: Evidence from Five Mergers on the Enforcement Margin (2010, background): “In principle, the companies that collect and sell these data have a natural interest in their wider use.62 61 To our knowledge, Peters (2006) and Weinberg and Hosken (2008) are the only studies that estimate demand, simulate the price effects of mergers, and then compare those predictions to actual…”
Does Multimarket Contact Facilitate Tacit Collusion? Inference on Conduct Parameters in the Airline Industry (2012, unknown): “[43] Peters, Craig (2006) "Evaluating the Performance of Merger Simulation: Evidence from the U.”
Do enhancements to loyalty programs affect demand? The impact of international frequent flyer partnerships on domestic airline demand (2007, methodology): “Peters (2003) obtains estimates in the -3 to -4 range using nested logit and GEV models of demand on data from the late 1980s. Earlier work such as Oum, Gillen and Noble (1986) estimates the price elasticity of airline demand to be in the -1 to -2 range.”
Merger Simulation in Competition Policy: A Survey (2010, unknown): “Peters (2006) predicted the price effects for five different U.S. airline mergers that have been completed between 1986 and 1987 and compared them to observed post-merger prices.”