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Dynamic Pricing of services has become the norm for many young service industries - especially in today’s volatile markets. Steffen Christ shows how theoretic optimization models can be operationalized by employing self-learning strategies to construct relevant input variables, such as latent...
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-cost carrier (LCC). In particular, we investigate whether the increased competition from a recently established LCC induces major …
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This paper examines the economic consequences of code-sharing agreements (CSA) in the airline market. CSA can be viewed … understand how and to what extent CSA distorts market competition among airlines. With an application to Japanese domestic … airlines, structural estimates of our demand and supply models indicate that CSA would significantly lessen market competition …
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variables approach, the paper estimates flight-frequency reaction functions, which relate an airline's frequency on a route to … multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect. -- airlines …
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