Showing 1 - 10 of 737
quality - measured by on-time performance - deteriorates, especially when the airline operates a large share of the flights in …
Persistent link: https://www.econbiz.de/10012455634
Digital platforms are not only match-making intermediaries but also establish internal rules that govern all users in their ecosystems. To better understand the governing role of platforms, we study two Airbnb pro-guest rules that pertain to guest and host cancellations, using data on Airbnb and...
Persistent link: https://www.econbiz.de/10012585362
We examine how incumbents respond to the threat of entry by competitors (as distinct from how they respond to actual entry). We look specifically at passenger airlines, using the evolution of Southwest Airlines' route network to identify particular routes where the probability of future entry...
Persistent link: https://www.econbiz.de/10012467615
Since the September 11, 2001 terrorist attacks, repeated airport closures due to potential security breaches have imposed substantial costs on travelers, airlines, and government agencies in terms of flight delays and cancellations. Using data from the year following September 11th, this study...
Persistent link: https://www.econbiz.de/10012468954
The airline industry's current financial crisis has raised concerns over the ramifications of airline bankruptcies for … air service offered, not the number of flights offered by a particular airline. We study all major U.S. airline … recognizing that competing airlines may increase service in response to a reduction in flights by a bankrupt airline. We do not …
Persistent link: https://www.econbiz.de/10012469062
We introduce a model of oligopoly dynamic pricing where firms with limited capacity face a sales deadline. We establish conditions under which the equilibrium is unique and converges to a system of differential equations. Using unique and comprehensive pricing and bookings data for competing...
Persistent link: https://www.econbiz.de/10013362001
Airline transport generates a growing share of global greenhouse gas emissions but as of late 2016, this sector has not … have invested in human and physical capital and an inventory of parts to maintain these vehicles. Each airline chooses …
Persistent link: https://www.econbiz.de/10012455850
The one-shot nature of most theoretical models of strategic investment, especially those based on asymmetric information, limits our ability to test whether they can fit the data. We develop a dynamic version of the classic Milgrom and Roberts (1982) model of limit pricing, where a monopolist...
Persistent link: https://www.econbiz.de/10012458374
airlines that includes detailed information on wages and pension plans we document an empirical link between airline financial …
Persistent link: https://www.econbiz.de/10012461465
last decade. More than 30 years after domestic airline markets were deregulated, the dismal financial record is a puzzle …
Persistent link: https://www.econbiz.de/10012461914