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On-line Booking and Revenue Management: Evidence from a Low-Cost Airline
Alderighi, Marco; Piga, Claudio A. - In: Review of Economic Analysis 2 (2010) 3, pp. 272-286
Using unique data on a low-cost airline posted prices and seat availability, this study sheds some light on whether the airline's actual practice of yield management techniques con- forms with some predictions from economic models of peak-load pricing under demand uncertainty. On the one hand,...
Persistent link: https://www.econbiz.de/10008683507
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Measuring competition intensity : an application to Air/HSR transport markets
Behrens, Christiaan; Lijesen, Mark G. - 2015
We develop a method to measure the intensity of competition between firms. Our method, which we call the Best Response …
Persistent link: https://www.econbiz.de/10011284843
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Is the Effect of Competition on Price Dispersion Non-Monotonic? Evidence from the U.S. Airline Industry
Dai, Mian - 2012
We investigate the effect of competition on price dispersion in the airline industry. Using panel data from 1993 to … 2008, we find a non-monotonic effect of competition on price dispersion. An increase in competition is associated with …
Persistent link: https://www.econbiz.de/10012713310
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The Effects of Competition on Price Dispersion in the Airline Industry : A Panel Analysis
Gerardi, Kristopher; Shapiro, Adam Hale - 2007
dispersion increases with competition. We find that competition has a negative effect on price dispersion, in line with the … textbook treatment of price discrimination. Specifically, the effects of competition on price dispersion are most significant … routes with a more homogenous customer base, the effects of competition on price discrimination are largely insignificant. We …
Persistent link: https://www.econbiz.de/10014224274
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Non-sequential search, competition and price dispersion in retail electricity
Gugler, Klaus; Heim, Sven; Liebensteiner, Mario - 2016
We investigate the impact of consumer search and competition on pricing strategies in Germany’s electricity retail. We … inverted U-shape effect of competition on price dispersion, consistent with theoretical findings by Janssen and Moraga …
Persistent link: https://www.econbiz.de/10011446819
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Measuring strategic firm interaction in product-quality choices : the case of airline flight frequency
Brueckner, Jan K.; Luo, Dan - 2013
multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect. -- airlines …
Persistent link: https://www.econbiz.de/10009690744
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Measuring Strategic Firm Interaction in Product-Quality Choices : The Case of Airline Flight Frequency
Brueckner, Jan K. - 2013
multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect …
Persistent link: https://www.econbiz.de/10013088139
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A Dynamic Game of Airline Network Competition : Hub-and-Spoke Networks and Entry Deterrence
Aguirregabiria, Victor - 2019
strategy for deterring the entry of competitors. This paper presents an empirical dynamic game of airline network competition …
Persistent link: https://www.econbiz.de/10012902723
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Price Dispersion, Competition, and Efficiency : Evidence from Chicago Based Routes
Kutlu, Levent - 2017
In this study we analyze the determinants of airline price dispersion. We particularly concentrate on the conduct and marginal cost efficiency. The effect of conduct on price dispersion seems to depend on the characteristics of the market. For the big city routes, we observe positive effect; and...
Persistent link: https://www.econbiz.de/10012971687
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Evaluating Sustainable Competitive Advantages : Entry and Exit Barriers
Ramraika, CFA, Baijnath - 2015
The authors discuss entry and exit barriers and their interaction as basic building blocks of a decision making process for evaluating competitive advantage of a business. While the concept of entry barriers is much discussed in the context of high quality businesses, the authors posit that exit...
Persistent link: https://www.econbiz.de/10013014089