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Equal chances, unequal outcomes? Network-based evolutionary learning and the industrial dynamics of superstar firms
Schulz, Jan; Mayerhoffer, Daniel M. - In: Journal of Business Economics 91 (2021) 9, pp. 1357-1385
deviations in market structure from global competition, implicitly assumed in Dosi et al. (2017b). This extension makes it … possible to disentangle the effects of two modes of competition: the global competition for sales and the localised competition … intensive local competition. Our model also contests the conventional wisdom derived from a general equilibrium setting that …
Persistent link: https://www.econbiz.de/10014501347
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Estimating Dynamic Demand for Airlines
Escobari, Diego - In: Economics Letters 124 (2014) 1, pp. 26-29
competition with random demand and costless search: A theory of price posting. Econometrica 80, 1185-1247] --- high …
Persistent link: https://www.econbiz.de/10011396586
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Systematic peak-load pricing, congestion premia and demand diverting: Empirical evidence from airlines
Escobari, Diego - In: Economics Letters 103 (2009) 1, pp. 59-61
This paper finds empirical support to systematic peak-load pricing in airlines---higher fares in ex-ante known …
Persistent link: https://www.econbiz.de/10011396587
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An Analysis of Dynamic Price Discrimination in Airlines
Escobari, Diego; Rupp, Nicholas G.; Meskey, Joseph - In: Southern Economic Journal 85 (2018) 3, pp. 639-662
Prices for the same flight change substantially depending on the time of purchase. This paper uses a unique dataset with round-the-clock posted fares to document significant within-day price variation. Labeling time-variation as discriminatory is difficult because the cost of an unsold airline...
Persistent link: https://www.econbiz.de/10011882160
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The effect of customer relationship management practices on airline customer loyalty
Salah, Marwa; Abou-Shouk, Mohamed A. - In: Journal of Tourism, Heritage & Services Marketing 5 (2019) 2, pp. 11-19
Customer satisfaction and loyalty are important concerns for travel providers and have a significant role in maximizing their sales. Therefore, adopting the activities of customer relationship management could help them building strong relationships with customers. This study explores the...
Persistent link: https://www.econbiz.de/10012196377
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Endogenous technology sharing in R&D intensive industries
Clark, Derek J.; Sand, Jan Yngve - In: Economics: The Open-Access, Open-Assessment E-Journal 4 (2010) 2010-1, pp. 1-48
This paper analyses endogenous formation of technology sharing coalitions with asymmetric firms. Coalition partners produce complementary technology advancements, although firms do not co-operate on R&D investment level or in the product market. The equilibrium coalition outcome is either...
Persistent link: https://www.econbiz.de/10010299830
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A micro-economic approach to geographic market definition on local retail markets: Demand side considerations
Beckert, Walter - In: Economics: The Open-Access, Open-Assessment E-Journal 4 (2010) 2010-29, pp. 1-32
This paper formalizes an empirically implementable framework for the definition of local antitrust markets in retail markets. This framework rests on a demand model that captures the trade-off between distance and pecuniary cost across alternative shopping destinations within local markets. The...
Persistent link: https://www.econbiz.de/10010302708
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Measuring market concentration in the Aegean ferry system
Goulielmos, Alexander M.; Sitzimis, Giannis - In: SPOUDAI - Journal of Economics and Business 62 (2012) 1/2, pp. 7-27
) deregulation had any effect in increasing competition, as expected, with the temporal exception in one or two cases. Moreover …
Persistent link: https://www.econbiz.de/10010343104
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Age effects, unobserved characteristics and hedonic price indexes: The Spanish car market in the 1990s
Varela-Irimia, Xosé-Luís - In: SERIEs - Journal of the Spanish Economic Association 5 (2014) 4, pp. 419-455
This paper computes and compares alternative quality-adjusted price indexes for new cars in Spain in the period 1990 - 2000. The proposed hedonic approach simultaneously controls for time-invariant unobserved product effects and age effects, that can be interpreted as a proxy for time-variant...
Persistent link: https://www.econbiz.de/10011650294
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Firm size distortions under duopoly
González-Maestre, Miguel; Peñarrubia, Diego - In: Estudios de Economía 44 (2017) 2, pp. 157-172
Motivated by the fact that some regulations involve extra costs for those firms at a size beyond a critical threshold, this paper contributes to the analysis of the welfare distortions due to these regulations. In the context of a duopoly, our results show that social welfare is not monotonic...
Persistent link: https://www.econbiz.de/10011985525