"Public transit in North America is in crisis. Ridership is down, fares are up, breakdowns more frequent, and in some cities trains are delayed because the tracks are literally on fire. Meanwhile, ride-sharing platforms like Uber and Lyft offer an alternative to standing on a crowded bus. And...

This paper analyzes the effects of market structure on price dispersion in the airline industry, using panel data from 1993 through 2006. The results found in this paper contrast with those of Borenstein and Rose (1994), who found that price dispersion increases with competition. We find that...