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model using data from the domestic US airline market and find significant spillovers in entry. In a counterfactual exercise …
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Based on two strands of theoretical research, this paper provides new evidence on how fares are jointly affected by in-flight seat availability and purchasing date. As capacity-driven theories predict, it emerges that fares monotonically and substantially increase with the flights occupancy...
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Expert elicitations of future energy technology costs can improve energy policy design by explicitly characterizing uncertainty. However, the recent proliferation of expert elicitation studies raises questions about the reliability and comparability of the results. In this paper, we standardize...
Persistent link: https://www.econbiz.de/10010476209
such a heuristic, and the conditions under which bad heuristics are sustainable. We also discuss this heuristic and the … beauty premium in the context of Becker's economic theory of discrimination, wherein rational decision-makers trade …
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