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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

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

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

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

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

Note on ‘competition in two-sided markets’

Zeng, Yuyu; Houba, Harold; Laan, Gerard van der - 2015

within-group externalities. In the monopoly and duopoly cases, positive within-group externalities reduce the price of the …

Persistent link: https://www.econbiz.de/10011295713

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

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

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

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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