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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
strategy for deterring the entry of competitors. This paper presents an empirical dynamic game of airline network competition …
Persistent link: https://www.econbiz.de/10012902723
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
Changes in the extent of multi-market contact (MMC) between firms often affect market outcomes – quantities and prices. We show that a strategic but purely competitive effect of changes in MMC can change the quantity provided in a market by a firm by as much as 50%, and the prices a firm sets...
Persistent link: https://www.econbiz.de/10009699389
countervailing power, via an increase in downstream concentration, depends on the competition regime between airlines and whether … airports can price discriminate: airline concentration reduces the landing fee when downstream competition is in quantities …, but if downstream competition is in prices only where airports cannot discriminate. Furthermore, only in a specific case …
Persistent link: https://www.econbiz.de/10013068916
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
We revisit the relationship between competition and price discrimination in the airline industry. Theoretically, we … show that, if consumers differ in terms of both their underlying willingness-to-pay and their brand loyalty, competition … competition has little impact on tickets at the top or the bottom of the fare distribution but a significant impact on tickets in …
Persistent link: https://www.econbiz.de/10013006083
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
towards international airline competition. While the policies of the 1980s and 90s were designed to maximize industry … have sought to reduce competition and entrench the position of the largest carriers. These policies have already led to the … large legacy airlines and government officials could dramatically restructure international airline competition in favor of …
Persistent link: https://www.econbiz.de/10014186900