Flight frequency and mergers in airline markets

Article Abstract:

Merger simulations suggest that while passenger volume and consumer surplus decrease on the aggregate, some market benefit from welfare gains once merger-induced changes in flight frequency are factored in. The analysis suggests that consumers' valuation of a convenient flight schedule is an important issue that warrants greater focus in policy analyses of consumer welfare.

Acquisitions & mergers, Forecasts, trends, outlooks, Air Transportation, Scheduled, And Air Courier Services, Mergers, acquisitions and divestments, Forecasts and trends, Company acquisition/merger, Airlines, Market trend/market analysis, Airline passengers

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Persistence in prescriptions of branded drugs

Article Abstract:

The American Medical Association and the Pharmaceutical Research and Manufacturers have issued new guidelines to modulate the interaction between physicians and industry sales representatives. It is observed that majority of prescriptions are best characterized as automatic renewals for current users.

Pharmaceutical preparations, Offices & clinics of medical doctors, Physicians & Surgeons, Offices of Physicians (except Mental Health Specialists), Pharmaceutical industry, Practice, Physicians, American Medical Association

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A note on the excess entry theorem in spatial markets

Article Abstract:

Problems of the excessive number of firms entering the market are emphasized. Use of the excess-entry theorem for rationalizing entry regulation is discussed.

Japan, Management, Economic aspects, Company business management, Market entry

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