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The Effects of Competition on Price Dispersion in the Airline Industry : A Panel Analysis

Gerardi, Kristopher; Shapiro, Adam Hale - 2007

dispersion increases with competition. We find that competition has a negative effect on price dispersion, in line with the … textbook treatment of price discrimination. Specifically, the effects of competition on price dispersion are most significant … routes with a more homogenous customer base, the effects of competition on price discrimination are largely insignificant. We …

Persistent link: https://www.econbiz.de/10014224274

Is the Effect of Competition on Price Dispersion Non-Monotonic? Evidence from the U.S. Airline Industry

Dai, Mian - 2012

We investigate the effect of competition on price dispersion in the airline industry. Using panel data from 1993 to … 2008, we find a non-monotonic effect of competition on price dispersion. An increase in competition is associated with …

Persistent link: https://www.econbiz.de/10012713310

Price Dispersion, Competition, and Efficiency : Evidence from Chicago Based Routes

Kutlu, Levent - 2017

In this study we analyze the determinants of airline price dispersion. We particularly concentrate on the conduct and marginal cost efficiency. The effect of conduct on price dispersion seems to depend on the characteristics of the market. For the big city routes, we observe positive effect; and...

Persistent link: https://www.econbiz.de/10012971687

Name-Your-Own-Price as a Competitive Distribution Channel in the Presence of Posted Prices

Huang, Xiao; Sosic, Greys - 2011

Priceline.com patents the innovative marketing strategy, Name-Your-Own-Price (NYOP), that sells opaque products through customer-driven pricing. In this paper, we study how competitive suppliers with sub- stitutable, non-replenishable goods may sell their products (1) as regular goods through a...

Persistent link: https://www.econbiz.de/10014202656

Perishable Good Dynamic Pricing Under Competition : An Empirical Study in the Airline Markets

Chen, Nan - 2019

Dynamic pricing is increasingly popular in the perishable good markets, but its effect under competition is uncertain … intensifies competition and benefits consumers substantially; (ii) the ability to price discriminate softens competition and …

Persistent link: https://www.econbiz.de/10012898558

Does competition reduce price discrimination? : New evidence from the airline industry

Gerardi, Christopher (contributor); … - 2007

dispersion increases with competition. We find that competition has a negative effect on price dispersion, in line with the … traditional textbook treatment of price discrimination. Specifically, the effects of competition on price dispersion are most … routes with a more homogeneous customer base, the effects of competition on price discrimination are largely insignificant …

Persistent link: https://www.econbiz.de/10003715737

Understanding cost pass-through when prices are dispersed

Garrod, Luke; Li, Ruochen; Russo, Antonio; Wilson, … - 2025

results vary with the level of competition and analyse the relationship between pass-through and demand shocks under price …

Persistent link: https://www.econbiz.de/10015189919

A new price test in geographic market definition : an application to German retail gasoline market

Bantle, Melissa; Muijs, Matthias - 2018

Market delineation is a fundamental tool in modern antitrust analysis. However, the definition of relevant markets can be very difficult in practice. This preliminary draft applies a new methodology combining a simple price correlation test with hierarchical clustering -a method known from...

Persistent link: https://www.econbiz.de/10011911873

Macroeconomic implications of uniform pricing

Daruich, Diego; Kozlowski, Julian - 2019

We compile a new database of grocery prices in Argentina, with over 9 million observations per day. We find uniform pricing both within and across regions - i.e., product prices almost do not vary within stores of a chain. Uniform pricing implies that prices would not change with regional...

Persistent link: https://www.econbiz.de/10012137088

Ordered search in differentiated markets

Zhou, Jidong - 2009 - This Version: August 2009

This note presents an ordered search model in which consumers search both for price and product fitness. We construct an equilibrium in which there is price dispersion and prices rise in the order of search. The top firms in consumer search process, though charge lower prices, earn higher...

Persistent link: https://www.econbiz.de/10011523970