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Persistent link: https://www.econbiz.de/10001740006
This paper uses merger simulations to predict post-merger prices for six major airline mergers from the 1980's, and compares these predictions with actual post-merger prices. Simulations which incorporate varying degrees of post-merger information allow us to decompose the actual price changes...
Persistent link: https://www.econbiz.de/10002200403
Persistent link: https://www.econbiz.de/10003403116