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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
multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect. -- airlines …
Persistent link: https://www.econbiz.de/10009690744
multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect …
Persistent link: https://www.econbiz.de/10013088139
Persistent link: https://www.econbiz.de/10011703604
We propose a decomposition of the border effect in international trade by controlling for differences in competition in …
Persistent link: https://www.econbiz.de/10012114622
Persistent link: https://www.econbiz.de/10011924554
multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect. …
Persistent link: https://www.econbiz.de/10010291565
We investigate the effect of COVID-19 epidemic and the subsequent stay-at-home order on market efficiency in China’s online markets, by comparing the changes in price dispersion around the date of the lockdown with the corresponding changes in the same period in the lunar year of 2019. We find...
Persistent link: https://www.econbiz.de/10013290882
We introduce a model of oligopoly dynamic pricing where firms with limited capacity face a sales deadline. We establish conditions under which the equilibrium is unique and converges to a system of differential equations. Using unique and comprehensive pricing and bookings data for competing...
Persistent link: https://www.econbiz.de/10013362001