Showing 1 - 10 of 1,587
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
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
We investigate the impact of consumer search and competition on pricing strategies in Germany’s electricity retail. We … inverted U-shape effect of competition on price dispersion, consistent with theoretical findings by Janssen and Moraga …
Persistent link: https://www.econbiz.de/10011446819
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
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
We analyze the effect of competition on price dispersion in the airline industry and show that the outcome hinges on … redefining the extent of a market. Using panel data from 1993 to 2013, an increase in competition has a positive effect on price …
Persistent link: https://www.econbiz.de/10012962070
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
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
In product markets, there exists substantial dispersion in prices for transactions of physically identical goods, and incumbent sellers sell at higher prices than entrants. This study develops a theory of dynamic pricing that explains these facts as results from the same fundamental friction:...
Persistent link: https://www.econbiz.de/10012850789
posted prices or auctions. I show that when there is competition among sellers, they use only posted prices in the …
Persistent link: https://www.econbiz.de/10013292704