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Can transaction cost economics explain cooperation behavior in the airline industry?

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Can transaction cost economics explain cooperation behavior in the airline industry?

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Caroline Merk The thesis aims at determining the drivers of cooperations in aviation and tests the explanatory power of TCE. Therefore, an event study will be conducted on a case basis. Project status: Completed in Dec 2007 Patterns of decision-making in merger situations Robert Urlichs Mergers are becoming increasingly popular. However, numerous empirical studies show that more than half of all mergers fail to meet the expectations of the merger decision. The proposed doctoral thesis investigates how these expectations – the strategic content of a merger decision – come about. Four questions on how the content of a merger decision comes about, will guide the research: How can patterns of strategic decisions be identified? How do patterns of strategic decisions develop over time? What are the characteristics of patterns of strategic decisions that survive over time? What are the characteristics of patterns of strategic decisions that become part of the strategic content of a merger dec

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