We analyze the interaction of firm product quality and pricing decisions with financial distress and bankruptcy in the airline industry. We consider an airline's choices of quality and price as dynamic decisions that trade off current cash flows for future revenue. We examine how airline...

There is a gap between the recommendations of the theory of second degree price discrimination and the practices of firms that target consumer segments with varying willingness to pay with two or more distinct tariffs. We present a model where consumers' private information is single dimensional...

The growing adoption of electronic shelf-edge labels has created a new business opportunity for firms in the retail grocery industry – adjusting produce prices in real time. In addition to the well-known challenges in typical revenue management applications, selling products at the right time...

Using a spatial competition framework with three ex ante identical firms, we study the effects of a horizontal merger on quality, price and welfare. The merging firms always reduce quality. They also increase prices if demand responsiveness to quality is sufficiently low. The non-merging firm,...

We study the effects of horizontal mergers when firms compete on quality and price. Two key factors are identified: (i) the magnitude of variable quality costs, and (ii) the relative magnitudes of cross-quality and cross-price effects on demand. The merging firms will increase (reduce) both...

This study aims to determine the effect of product quality, service quality, and product price on costumer satisfaction in shopee. Times are getting more advanced and developing so that people's lifestyle will also be more instantaneous. One of the online shopping sites that are widely used by...