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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/10005704829
En la industria de transporte aéreo en Chile, existe hoy libre ingreso a los mercados, libertad de precios y una mínima intervención del estado. Sin embargo, la evolución de la industria ha generado discusión y preocupación pública en los últimos años respecto a qué tan competitivo es...
Persistent link: https://www.econbiz.de/10005808235
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/10005037744
in the US airline industry. Our results are based on the estimation of a dynamic game of network competition using data …
Persistent link: https://www.econbiz.de/10010574073
Based on a sample of 26 European passenger airlines, this study analyzes the development of airline business models over time. We used various distance measures to calculate concrete differentiation levels among these airlines between 2004 and 2012. The results indicate increasing similarity...
Persistent link: https://www.econbiz.de/10011099968
In this paper, we study the impact of the introduction of posted prices in the slot allocation process currently in use at congested airports in most European countries. In particular, we show that if the airport is initially saturated, while low level of slot prices entail no response from the...
Persistent link: https://www.econbiz.de/10005635341
instrumenting is particularly important for estimating the effect of competition on the markup of the price leader. …
Persistent link: https://www.econbiz.de/10010294886
' entry decisions in the past. We find that instrumenting is particularly important for estimating the effect of competition …
Persistent link: https://www.econbiz.de/10010307832
In a recent paper Hong and Shum [2006. Using price distributions to estimate search costs. Rand Journal of Economics 37, 257–275] present a structural method to estimate search cost distributions. We extend their approach to the case of oligopoly and present a new maximum likelihood method to...
Persistent link: https://www.econbiz.de/10010325352
We present a strategic game of pricing and targeted-advertising. Firms cansimultaneously target priceadvertisements to different groups of customers, or to the entiremarket. Pure strategy equilibria do not exist and thus marketsegmentation cannot occur surely. Equilibria exhibit random...
Persistent link: https://www.econbiz.de/10010325630