Showing 1 - 10 of 3,309
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 …
Persistent link: https://www.econbiz.de/10012713310
multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect. -- airlines …
Persistent link: https://www.econbiz.de/10009690744
dispersion increases with competition. We find that competition has a negative effect on price dispersion, in line with the … traditional textbook treatment of price discrimination. Specifically, the effects of competition on price dispersion are most … routes with a more homogeneous customer base, the effects of competition on price discrimination are largely insignificant …
Persistent link: https://www.econbiz.de/10003715737
In this paper we study the impact of competition on the provision of quality in the US airline industry. Using changes … in competition triggered by LCC entry and airline mergers, we find that an increase in competition increases the … previous findings in the literature, our evidence suggests that an increase in competition unambiguously increases consumer …
Persistent link: https://www.econbiz.de/10013004573
multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect. …
Persistent link: https://www.econbiz.de/10010291565
Entry into dynamic environments can be challenging for firms. We study if, and under which circumstances, firms can use strategic flexibility to enter markets with variable demand. In the airline industry, we find broad support for our hypotheses. We observe less entry with more demand...
Persistent link: https://www.econbiz.de/10012938055
in the US airline industry. Our results are based on the estimation of a dynamic oligopoly game of network competition …
Persistent link: https://www.econbiz.de/10012706994
We study how organizational boundaries affect pricing decisions using comprehensive data provided by a large U.S. airline. We show that contrary to prevailing theories of the firm, advanced pricing algorithms have multiple biases. To quantify the impacts of these biases, we estimate a structural...
Persistent link: https://www.econbiz.de/10013314087
Although typically modeled as a centralized firm decision, pricing often involves multiple organizational teams that have decision rights over specific pricing inputs. We study team input decisions using comprehensive data from a large U.S. airline. We document that pricing at a sophisticated...
Persistent link: https://www.econbiz.de/10014085175
dispersion increases with competition. We find that competition has a negative effect on price dispersion, in line with the … traditional textbook treatment of price discrimination. Specifically, the effects of competition on price dispersion are most … routes with a more homogeneous customer base, the effects of competition on price discrimination are largely insignificant …
Persistent link: https://www.econbiz.de/10010280961