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Competition in multi-modal transport networks : a dynamic approach
Weijde, Adriaan Hendrik van der; Verhoef, Erik T.; … - 2012
Persistent link: https://www.econbiz.de/10009724348
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Cyclicality of add-on pricing : evidence from extended warranties
Boskovic, Branko; Kapoor, Sacha; Markiewicz, Agnieszka; … - 2020
in prices of add ons. Using 10 years of extended warranty data from a nationwide Canadian retailer, we show that extended … warranty prices respond strongly to changes in local economic activity whereas prices of underlying durable goods do not. The … procyclicality is driven by a shift in price setting behavior, where local stores use extended warranty discounts to make base …
Persistent link: https://www.econbiz.de/10012285529
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Third-degree price discrimination in the presence of congestion externality
Czerny, Achim Ingo; Zhang, Anming - 2014
This paper analyzes third-degree price discrimination of a monopoly airline in the presence of congestion externality …
Persistent link: https://www.econbiz.de/10010421801
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Signaling quality through prices in an oligopoly
Janssen, Maarten C. W.; Roy, Santanu - 2007
close to full information monopoly level) while others are more “competitive”. Under certain conditions, if the number of …
Persistent link: https://www.econbiz.de/10011372971
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Oligopolistic competition in price and quality
Dubovik, Andrei; Janssen, Maarten C. W. - 2008
We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
Persistent link: https://www.econbiz.de/10011376636
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Market structure and advance selling
Möller, Marc; Watanabe, Makoto - 2016
When products are sold in advance, i.e. prior to consumption, consumers trade off an early, uninformed purchase at a low price against a late, informed purchase at a high price. This paper considers the effect of market structure on the prevalence of advance selling. We show that in an...
Persistent link: https://www.econbiz.de/10011446893
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Signaling quality through prices in an oligopoly
Janssen, Maarten C. W.; Roy, Santanu - 2007
Persistent link: https://www.econbiz.de/10003609432
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On the benefits of being alone : scheduling changes, intensity of competition and dynamic airline pricing
Kerkemezos, Yannis; Karreman, Bas - 2020
We empirically test the hypothesis that the discounts offered by firms to consumers who purchase tickets in advance increase with the intensity of competition. We develop a new measure of competition for which we use the proximity (in departure time) of a given flight to its competitors to infer...
Persistent link: https://www.econbiz.de/10012251366
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Going through the roof : on prices for drugs sold through insurance
Kamphorst, Jurjen; Karamychev, Vladimir A. - 2021 - This version: January 11, 2021
our theory is the health care market, where drug prices can be very high. Our model predicts that monopoly prices for …We offer a theory of how the combination of budget constraints and insurance drives up prices. A natural context for … literature. As a result, prices of drugs sold by a monopoly treating rare serious diseases are doomed to go sky high. …
Persistent link: https://www.econbiz.de/10012416335
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The entry of low-cost airlines : price competition in the European airline market
Alderighi, Marco; Cento, Alessandro; Nijkamp, Peter; … - 2004
This paper investigates the response of full service carriers (FSCs) to theentry of low-cost carriers (LCCs). We develop a model of airline competition, which accommodates various market structures, some ofwhich include low-cost players. Using data on published airfares ofLufthansa, British...
Persistent link: https://www.econbiz.de/10011335198