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Can I read Strategic Alliances vs. Mergers in Airlines on EtoBox?

Strategic Alliances vs. Mergers in Airlines by Vladimir Torbica is a document available to read on EtoBox.

What is Strategic Alliances vs. Mergers in Airlines about?

This document discusses a model comparing strategic alliances and mergers in the airline industry. There are three airlines serving a market between two cities. In the model, airlines 1 and 2 can either form a strategic alliance (SA) or merge. Under a SA, airlines 1 and 2 jointly choose total capacity but compete independently in ticket sales. Under a merger, they act as a single airline competing against airline 3. The main finding is that the profits of airlines 1 and 2 are higher under a SA than a full m

Author
Vladimir Torbica
Language
EN