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Market Share Instability in Commercial Airline Markets and the Impact of Deregulation

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  • Sandler, Ralph D
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    Abstract

    While the degree of rivalry in a market is often concealed and therefore difficult to observe directly, various measures of market-share variation have been used in the literature as an indicat or of behavior. Using a similar measure, the primary task of this stu dy is to estimate the degree to which rivalry (both price and nonpric e) had actually increased during the first two years of deregulation. The paper also provides an analytical framework which may be used to assess the impact of regulatory reform on rivalry in other industrie s. Copyright 1988 by Blackwell Publishing Ltd.

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    Bibliographic Info

    Article provided by Wiley Blackwell in its journal Journal of Industrial Economics.

    Volume (Year): 36 (1988)
    Issue (Month): 3 (March)
    Pages: 327-35

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    Handle: RePEc:bla:jindec:v:36:y:1988:i:3:p:327-35

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    Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-1821

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    1. repec:dgr:uvatin:2097047 is not listed on IDEAS
    2. Gallet, Craig A. & List, John A., 2001. "Market share instability: an application of unit root tests to the cigarette industry," Journal of Economics and Business, Elsevier, vol. 53(5), pages 473-480.
    3. Kenneth Button & Peter Nijkamp, 1997. "Network Industries, Economic Stability and Spatial Integration," Tinbergen Institute Discussion Papers 97-047/3, Tinbergen Institute.
    4. Zhang, Yahua & Round, David K., 2011. "Price wars and price collusion in China's airline markets," International Journal of Industrial Organization, Elsevier, vol. 29(4), pages 361-372, July.
    5. Chu, Hsiao-Ping & Yeh, Ming-Liang & Sher, Peter J. & Chiu, Yi-Chia, 2007. "Will the leading firm continue to dominate the market in the Taiwan notebook industry?," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 383(2), pages 473-479.
    6. Kenneth Button & Peter Nijkamp, 1997. "Network Industries, Economic Stability and Spatial Integration," Tinbergen Institute Discussion Papers 97-047/3, Tinbergen Institute.
    7. Lucio Fuentelsaz & Jaime Gómez, . "Multipoint Competition, Mutual Forbearance and Entry into Geographic Markets," Studies on the Spanish Economy 127, FEDEA.
    8. Yahua Zhang & David Round, 2009. "Policy Implications of the Effects of Concentration and Multimarket Contact in China’s Airline Market," Review of Industrial Organization, Springer, vol. 34(4), pages 307-326, June.

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