Showing 1 - 10 of 116
We provide a new framework to identify demand elasticities in markets where managers rely on algorithmic … identify demand elasticities across hotel room types and over time. We confirm these elasticity estimates with a difference …-function approach to two classic questions in the dynamic pricing literature: the evolution of price elasticity of demand over time as …
Persistent link: https://www.econbiz.de/10012534709
Recent empirical studies document that the distribution of earnings changes displays substantial deviations from lognormality: in particular, earnings changes are negatively skewed with extremely high kurtosis (long and thick tails), and these non-Gaussian features vary substantially both over...
Persistent link: https://www.econbiz.de/10014543845
Pay What You Want (PWYW) can be an attractive marketing strategy to price discriminate between fair-minded and selfish customers, to fully penetrate a market without giving away the product for free, and to undercut competitors that use posted prices. We report on laboratory experiments that...
Persistent link: https://www.econbiz.de/10010431266
The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be confronted by policy makers. As part of their policy response, it is probable that some form of congestion pricing will be imposed at selected U.S. airports in the relatively near...
Persistent link: https://www.econbiz.de/10011410457
an airline's total fuel usage to seven variables: the available ton miles of capacity (passengers plus freight and mail …) provided by the airline; the average seat capacity of its aircraft, average stage length (flight distance); average load factor … (measured by weight); the average vintage (construction year) of its aircraft; the percentage of the airline's flights that are …
Persistent link: https://www.econbiz.de/10011518130
How can citizens be motivated to demand accountability in the management of public revenues? We carry out a video … a politician and civil society leader on attitudes and demand for accountability in the management of petroleum revenues … the way revenues are handled and spent, and the intention to demand more accountability. The encouragement messages have …
Persistent link: https://www.econbiz.de/10014443982
The governance of natural resource wealth is a key factor in promoting strong institutions and economic development in resource-rich countries. In this paper, we explore how individuals' engagement in local natural resource revenue (NRR) management can be enhanced and encouraged. We focus on...
Persistent link: https://www.econbiz.de/10014452391
This paper offers the first formal economic analysis of carve-outs under airline antitrust im- munity. Carve-outs are …
Persistent link: https://www.econbiz.de/10003898830
airline alliances. We show that the gains from economies of density due to higher interline traffic under the alliance … airline alliance subject to a carve-out. -- collusion ; carve-out …
Persistent link: https://www.econbiz.de/10009307968
This paper provides theory and evidence on airline bag fees, offering insights into a real-world case of product …
Persistent link: https://www.econbiz.de/10009793154