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increase with the intensity of competition. We develop a new measure of competition for which we use the proximity (in … departure time) of a given flight to its competitors to infer the intensity of competition and estimate the impact of … competition on advance purchase discounts (APDs) and the dynamic pricing of airlines by exploiting plausibly exogenous changes in …
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taste information in the presence of competition between the retailer's store brand and a manufacturer's national brand. In … augments the value of the direct effect - even though this increases the competition between the brands. Otherwise, the …
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prices and features of goods without incurring search costs. The platform alleviates sellers' competition by charging them …
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When products are sold in advance, i.e. prior to consumption, consumers trade off an early, uninformed purchase at a low price against a late, informed purchase at a high price. This paper considers the effect of market structure on the prevalence of advance selling. We show that in an...
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