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Persistent link: https://www.econbiz.de/10003383068
airline fuel costs. Our estimation results suggest that differences in reported fuel costs across airlines (due to …
Persistent link: https://www.econbiz.de/10012843364
We investigate the effect of competition on price dispersion in the airline industry. Using panel data from 1993 to …
Persistent link: https://www.econbiz.de/10012713310
We introduce a model of oligopoly dynamic pricing where firms with limited capacity face a sales deadline. We establish conditions under which the equilibrium is unique and converges to a system of differential equations. Using unique and comprehensive pricing and bookings data for competing...
Persistent link: https://www.econbiz.de/10013362001
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 …
Persistent link: https://www.econbiz.de/10013004573
Using data on four large mergers in the U.S. airline industry, we find consistent and significant effects of mergers on …
Persistent link: https://www.econbiz.de/10014235996
This paper analyzes the effects of market structure on price dispersion in the airline industry, using panel data from …
Persistent link: https://www.econbiz.de/10003715737
There is a rich literature in economics on factors that govern airline prices. With approximately 50% of airline … tickets sold online, there is now a renewed interest in investigating airline pricing particularly amongst Information Systems …-examine airline pricing, one missing piece calls for a thorough empirical investigation: In all extant studies (economics, marketing …
Persistent link: https://www.econbiz.de/10013107426
This paper explores possible determinants that may affect an airline's decision to charge passengers different … between route endpoints. A price discriminating airline will then charge a higher roundtrip fare at the endpoint where the …
Persistent link: https://www.econbiz.de/10012853303
Dynamic pricing and demand learning play an important role in airlines because (1) in low demand flights unsold tickets are of little value after departure, and (2) in high demand flights carriers may forgo important profits if the flight sells out and some relatively high willingness-to-pay...
Persistent link: https://www.econbiz.de/10012707096