25,374 research outputs found

    Alliances and entry in a simple airline network

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    This paper constructs an entry and code-sharing alliances game to demonstrate that the alliance between the incumbent carriers may play a significant role of entry deterrence in a given airline network. We show that incumbents can use the alliances as a credible threat to deter the entry of the potential entrants who have no significant cost advantage. This finding suggests that the role of the alliance in entry deterrence should be considered carefully when governments promote and maintain competition in the deregulated airline network markets.

    Alliance Partner Choice in Markets with Vertical and Horizontal Externalities

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    This study investigates the choice between complementary and parallel alliances in a market with vertical and horizontal externalities. One composite goods firm competes with two components producers, each providing a complementary component of a differentiated com- posite good. Although the joint profits from a parallel alliance between the composite goods firm and a components producer are always larger than those from a complementary alliance between components producers, through Nash bargaining, a components producer prefers the complementary (parallel) alliance when the degree of product differentiation is sufficiently large (small). Combined with the result that a complementary alliance is socially preferable, our findings provide meaningful implications for antitrust policy.Complementary alliance; Parallel alliance; Nash bargaining; Antitrust policy

    Saddle-like topological surface states on the TT'X family of compounds (T, T' = Transition metal, X= Si, Ge)

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    Topological nodal-line semimetals are exotic conductors that host symmetry-protected conducting nodal-lines in their bulk electronic spectrum and nontrivial drumhead states on the surface. Based on first-principles calculations and an effective model analysis, we identify the presence of topological nodal-line semimetal states in the TT'X family of compounds (T, T' = transition metal, X= Si, or Ge) in the absence of spin-orbit coupling (SOC). Taking ZrPtGe as an exemplar system, we show that this material harbors a single nodal line on the ky=0k_y=0 plane, which is protected by the MyM_y mirror plane symmetry. Surface electronic structure calculations further reveal the existence of a drumhead surface state nested inside the nodal line projection on the (010) surface with a saddle-like energy dispersion. When the SOC is included, the nodal line gaps out and the system transitions to a strong topological insulator state with Z2=(1;000)Z_2=(1;000). The topological surface state evolves from the drumhead surface state via the sharing of its saddle-like energy dispersion within the bulk energy gap. These features differ remarkably from those of the currently known topological surface states in topological insulators such as Bi2_2Se3_3 with Dirac-cone-like energy dispersions.Comment: 4 figure

    Topological phase transition and quantum spin Hall state in TlBiS2_2

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    We have investigated the bulk and surface electronic structures and band topology of TlBiS2_2 as a function of strain and electric field using \textit{ab-initio} calculations. In its pristine form, TlBiS2_2 is a normal insulator, which does not support any non-trivial surface states. We show however that a compressive strain along the (111) direction induces a single band inversion with Z2_2 = (1;000), resulting in a Dirac cone surface state with a large in-plane spin polarization. Our analysis shows that a critical point lies between the normal and topological phases where the dispersion of the 3D bulk Dirac cone at the Γ\Gamma-point becomes nearly linear. The band gap in thin films of TlBiS2_2 can be tuned through an out-of-the-plane electric field to realize a topological phase transition from a trivial insulator to a quantum spin Hall state. An effective kp\mathbf{k \cdot p} model Hamiltonian is presented to simulate our first-principles results on TlBiS2_2.Comment: 7 pages, 6 figures, Accepted for publication in JA

    Spatial trends of noncollinear exchange coupling mediated by itinerant carriers with different Fermi surfaces

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    We study the exchange coupling mediated by itinerant carriers with spin-orbit interaction by both analytic and numeric approaches. The mediated exchange coupling is noncollinear and its spatial trends depend on the Fermi-surface topology of the itinerant carriers. Taking Rashba interaction as an example, the exchange coupling is similar to the conventional Ruderman-Kittel-Kasuya-Yosida type in weak coupling. On the other hand, in the strong coupling, the spiral interaction dominates. In addition, inclusion of finite spin relaxation always makes the noncollinear spiral exchange interaction dominant. Potential applications of our findings are explained and discussed
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