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We study the competitive effects of five liquidations and six mergers in the domestic U.S. airline industry between … larger price increases than mergerrelated exits. Within the merger category, our analysis reveals significant price increases … efficiencies and entry-inducing effects are found to be strong enough to drive prices down to pre-exit levels. -- Airline industry …
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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 … greater price dispersion in concentrated markets but is associated with less price dispersion in competitive markets (i.e. an …
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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...
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following questions: how does flight duration affect the price dispersion of airline tickets and does price dispersion increase … as the date of departure approaches. To answer these questions, airline ticket prices for flights on the route: Warsaw …-London-Warsaw and the route: Warsaw-New York-Warsaw were observed between August 14 and November 14, 2014. Price dispersion increased on …
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