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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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Price differentiation and discrimination in transport networks
Weijde, Adriaan Hendrik van der - 2014
This paper analyzes the effects of price differentiation and discrimination by a monopolistic transport operator, which sets fares in a congestible network. Using three models, with different spatial structures, we describe the operator's optimal strategies in an unregulated market, a market...
Persistent link: https://www.econbiz.de/10010384385
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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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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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Strategic targeted advertising
Galeotti, Andrea; Moraga-González, José Luis - 2003
We present a strategic game of pricing and targeted-advertising. Firms cansimultaneously target priceadvertisements to different groups of customers, or to the entiremarket. Pure strategy equilibria do not exist and thus marketsegmentation cannot occur surely. Equilibria exhibit random...
Persistent link: https://www.econbiz.de/10011333902
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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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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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Domestic market power in the international airline industry
Jong, Gjalt de; Behrens, Christiaan; Herk, H. van; … - 2016
We posit and empirically test the hypothesis that airlines are able to charge a fare premium in markets that originate in their domestic country relative to similar markets that originate in foreign countries. To this end, we focus on intercontinental one-stop air travel trips for which the...
Persistent link: https://www.econbiz.de/10011583706
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Advertising and consumer search in a duopoly model
Janssen, Maarten C. W.; Non, Mariëlle C. - 2005
We consider a duopoly in a homogenous goods market where part of the consumers are ex ante uninformed about prices. Information can come through two different channels: advertising and sequential consumer search. We arrive at the following results. First, there is no monotone relationship...
Persistent link: https://www.econbiz.de/10011343292
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Double limit pricing
Meijden, Gerard van der; Ryszka, Karolina; Withagen, Cees - 2015
We study resource extraction by a non-renewable resource supplier who faces demand from two regions, one of which employs a tax on the imported resource and a subsidy on the available backstop technology, and one that has no environmental policy in place. The resource extraction path possibly...
Persistent link: https://www.econbiz.de/10011431423