Showing 1 - 10 of 1,497
strategy for deterring the entry of competitors. This paper presents an empirical dynamic game of airline network competition …
Persistent link: https://www.econbiz.de/10012902723
The authors discuss entry and exit barriers and their interaction as basic building blocks of a decision making process for evaluating competitive advantage of a business. While the concept of entry barriers is much discussed in the context of high quality businesses, the authors posit that exit...
Persistent link: https://www.econbiz.de/10013014089
I explore the effect of the threat posed by low-cost competitors on debt structure in the airline industry. I use the route network expansion of low-cost airlines to identify routes where the probability of future entry increase dramatically. I find that when a large portion of their market is...
Persistent link: https://www.econbiz.de/10010412667
We examine if and how incumbent firms respond to entry and entry threats using non-price modes of competition. Our … post-entry price competition along with pre-entry deterrence, or it may be due to a post-entry differentiation strategy …
Persistent link: https://www.econbiz.de/10013069332
Entry into dynamic environments can be challenging for firms. We study if, and under which circumstances, firms can use strategic flexibility to enter markets with variable demand. In the airline industry, we find broad support for our hypotheses. We observe less entry with more demand...
Persistent link: https://www.econbiz.de/10012938055
By definition, de novo industry ventures do not share many market-contact points with incumbents – itself an important source of competitive ‘stability' through mutual forbearance. As such, these ventures are often subject to aggressive retaliation at the outset, which could threaten their...
Persistent link: https://www.econbiz.de/10013144902
rest of Europe, our statistical modelling resu1ts confirm theconclusions of the theoretical model. Competition among FSCs … appears toaffect the price levels of business and leisure segments asymmetrically. Incontrast, competition with LCCs reduces …
Persistent link: https://www.econbiz.de/10010325396
develop a model of airline competition, which accommodates various market structures, some ofwhich include low-cost players … rest of Europe, our statistical modelling resu1ts confirm theconclusions of the theoretical model. Competition among FSCs … appears toaffect the price levels of business and leisure segments asymmetrically. Incontrast, competition with LCCs reduces …
Persistent link: https://www.econbiz.de/10011335198
I explore the effect of the threat posed by low-cost competitors on debt structure in the airline industry. I use the route network expansion of low-cost airlines to identify routes where the probability of future entry increases dramatically. I find that when strategic routes are threatened,...
Persistent link: https://www.econbiz.de/10012995469
demand. We look at the relationship between dynamic pricing and oligopolistic competition in the airline industry. For this … purpose, we estimate the dynamic oligopoly model of dynamic pricing competition in a market with carrier exit using flight … find that price discrimination softens competition, whereas revenue management intensifies it …
Persistent link: https://www.econbiz.de/10014235549