Difference between revisions of "Forbes Lederman (2009) - Adaptation And Vertical Integration In The Airline Industry"

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(New page: ==Reference(s)== Forbes, Silke J. and Mara Lederman, (2009) "Adaptation and Vertical Integration in the Airline Industry," American Economic Review, forthcoming. [http://www.edegan.com/pdf...)
 
 
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==Reference(s)==
 
==Reference(s)==
 
Forbes, Silke J. and Mara Lederman, (2009) "Adaptation and Vertical Integration in the Airline Industry," American Economic Review, forthcoming. [http://www.edegan.com/pdfs/Forbes%20Lederman%20(2009)%20-%20Adaptation%20and%20Vertical%20Integration%20in%20the%20Airline%20Industry.pdf pdf]
 
Forbes, Silke J. and Mara Lederman, (2009) "Adaptation and Vertical Integration in the Airline Industry," American Economic Review, forthcoming. [http://www.edegan.com/pdfs/Forbes%20Lederman%20(2009)%20-%20Adaptation%20and%20Vertical%20Integration%20in%20the%20Airline%20Industry.pdf pdf]

Latest revision as of 19:14, 29 September 2020

Article
Has bibtex key
Has article title Adaptation And Vertical Integration In The Airline Industry
Has author Forbes Lederman
Has year 2009
In journal
In volume
In number
Has pages
Has publisher
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Reference(s)

Forbes, Silke J. and Mara Lederman, (2009) "Adaptation and Vertical Integration in the Airline Industry," American Economic Review, forthcoming. pdf

Abstract

We explore patterns of vertical integration in the U.S. airline industry. Major airlines subcontract portions of their network to regional partners which may or may not be owned. We investigate if ownership may economize on ex post renegotiation costs. We estimate whether airlines are more likely to use owned regionals on city pairs with adverse weather (which makes adaptation decisions more frequent) and on city pairs that are more integrated into the major’s network (which raises the costs of having adaptation decisions resolved sub-optimally). Our results suggest a robust empirical relationship between adaptation and vertical integration in this setting.