On the choice between strategic alliance and merger in the airline sector: the role of strategic effects1... Contrary to the full merger case, after demand is revealed the alliance members market their capacity shares independently....
An economic theory of leader choice in stackelberg models... Provides structural sufficiency conditions for selecting a unique Stackelberg leader based on the concept of Pareto dominance, in which the structural criterion involves the relative capacity shares of the first and second largest market rivals....
On the choice between strategic alliance and merger in the airline sector: the role of strategic effects... Contrary to the full merger case, after demand is revealed the alliance members market their capacity shares independently....
On the choice between strategic alliance and merger in the airline sector: the role of strategic effects... Contrary to the full merger case, after demand is revealed the alliance members market their capacity shares independently....