Work
A Refutation of ‘Common Ownership Does Not Have Anti-Competitive Effects in the Airline Industry’
Working paper by José Azar, Martin C. Schmalz and Isabel Tecu answering the study by Dennis, Gerardi and Schenone, posted in August 2022.
- Dates
- Aug 2022
- Also known as
- Azar, Schmalz and Tecu's reply
What it disputes
-
Common Ownership Does Not Have Anticompetitive Effects in the Airline Industry
Contrary to DGS’ claims, ownership changes do predict price changes once one constructs a valid placebo that actually separates the variation from market shares from the variation in ownership.
1
Each side is quoted in its own words. Whether a finding holds is not decided here.
Connections 4
disputes a finding of
author
- Isabel Tecu Aug 2022 Scholarship & press 1
- José Azar Aug 2022 Scholarship & press 1
- Martin C. Schmalz Aug 2022 Scholarship & press 1
Timeline 5 dates
- Aug 2022 A Refutation of ‘Common Ownership Does Not Have Anti-Competitive Effects in the Airline Industry’
- Aug 2022 A Refutation of ‘Common Ownership Does Not Have Anti-Competitive Effects in the Airline Industry’ disputes a finding of Common Ownership Does Not Have Anticompetitive Effects in the Airline Industry According to A Refutation of ‘Common Ownership Does Not Have Anti-Competitive Effects in the Airline Industry’
- Aug 2022 Isabel Tecu authored A Refutation of ‘Common Ownership Does Not Have Anti-Competitive Effects in the Airline Industry’
- Aug 2022 José Azar authored A Refutation of ‘Common Ownership Does Not Have Anti-Competitive Effects in the Airline Industry’
- Aug 2022 Martin C. Schmalz authored A Refutation of ‘Common Ownership Does Not Have Anti-Competitive Effects in the Airline Industry’
Proof 1 source
-
A Refutation of ‘Common Ownership Does Not Have Anti-Competitive Effects in the Airline Industry’ (ECGI Finance Working Paper 837/2022), European Corporate Governance Institute, Aug 2022.
Scholarship & press
Contrary to DGS’ claims, ownership changes do predict price changes once one constructs a valid placebo that actually separates the variation from market shares from the variation in ownership.
Page history 1 change
- Sprint 12: State Street, disputing a finding, holders by filing date5075dda
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