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We approach the issue of the value of a platform to a seller in a two-sided market where both buyers and sellers multi-home. A seller that loses access to a major buyer platform can potentially incur substantial financial losses. We exploit a recent conflict between American Airlines and two...
Persistent link: https://www.econbiz.de/10010698674
Persistent link: https://www.econbiz.de/10009426257
We examine the financial consequences of a reseller excluding a certain supplier. The American Airlines dispute with Expedia and Orbitz provides a natural experiment, in which American Airlines travel options were suspended during the first and second quarters of 2011. We analyze price data for...
Persistent link: https://www.econbiz.de/10012974027
In this study, we document and analyze price-offer curves (the dynamics of offered prices as the departure date approaches) for 105 specific round trip itineraries on 50 busy US routes. The data were collected from the three leading on-line travel agents' web-sites. We exploit across-route...
Persistent link: https://www.econbiz.de/10013117915
Platforms in two-sided markets are known to provide subsidies to either buyers or sellers, in order to take advantage of cross-group externalities inherent in such industries. Online travel agents can be thought of as platforms facilitating trade between passengers and travel service providers...
Persistent link: https://www.econbiz.de/10013107403
We approach the issue of the value of a platform to a seller in a two-sided market where both buyers and sellers multi-home. A seller that loses access to a major buyer platform can potentially incur substantial financial losses. We exploit a recent conflict between American Airlines and two...
Persistent link: https://www.econbiz.de/10013074997