File Paste Assignment Feb 21 RE 917 [Compatibility Modr] Word Insert Draw Design

Question

File Paste Assignment Feb 21 RE 917 [Compatibility Modr] Word Insert Draw Design Layout Reterences Mailings Review view Q Tell me what you want to do Home AaB Cambria (Anr 12 A A Aa A AaBbcc AaBb AaBbCc AaBbcct AaBbCot AaBbce AaBbcct BI u x, A A EE Heading 1 1 Normal No Spac. Heading 2 Title Subtitle Subtle Em Emphasis intense E strong auot Format Painte 2. Legacy Airline Mergers a. In an analysis of the anticompetitive effect of airline mergers, how do we detine "a market?" For a country with ten cities each far enough apart from all the others to make airline travel between any two am attractive option), how many distinct markets are there? b. The paper on airline mergers is largely carried it using regressions. It is also possible for expository purposes to construct an analysis without regressions similar to what we just did for minimum wages and what Angrist and Pischke do for banking regulation simply by using four numbers (before and after, treatment and rontrol) Consider the "difference in difference" for the nonstop overlap and control routes from Della/Northwest rger Using the fare data able 1 Pred Post overlaps 177.73 77.3 Control 163.28 166.97 Using total passengers per route (based on Table 1) Pre Post 283.3 273.7 Overlaps Contre 383. 367 Note: 283.3 1983/7, where 7 is the number of routes in the overlap group, and383.1 203,035/(385-145), where the denominator is the total number of Find Select

Explanation / Answer

Dear student, I am only answering the first question as per Chegg Guidelines.

A market for such an airline merger would be the travellers big city which is to be connected to rest of the cities in the country, the travellers how wish to travel to some other city from the source city.

For a country with two cities, the market represents the people who are willing to travel either from City 1 to City 2 or from City 2 to City 3.

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