Showing 1 - 10 of 140,819
The influential paper by Azar et al. (2018) presents empirical evidence from the airline industry that institutional …
Persistent link: https://www.econbiz.de/10014258614
-competitive pricing. This paper uses data on airline ticket prices to test whether common owners induce anti-competitive pricing behavior …
Persistent link: https://www.econbiz.de/10012389570
airline pricing strategies are the straight results of air-related competition. Our results claim that when the intramodal …This paper explores airline pricing behaviour dealing with two issues. The first is to measure the extent to which … intramodal competition influences fares charged to travellers. The second is to shed light on fares' intertemporal profile to …
Persistent link: https://www.econbiz.de/10013097983
Dynamic pricing is increasingly popular in the perishable good markets, but its effect under competition is uncertain … differentiated products over a finite horizon when facing demand fluctuations. I estimate the model in U.S. oligopolistic airline … intensifies competition and benefits consumers substantially; (ii) the ability to price discriminate softens competition and …
Persistent link: https://www.econbiz.de/10012898558
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
This paper compares the extent of common ownership in the US and the EU stock markets, with a particular focus on differences in the applicable ownership transparency requirements. Most empirical research on common ownership to date has focused on US issuers, largely relying on ownership data...
Persistent link: https://www.econbiz.de/10013288130
This paper examines the economic consequences of code-sharing agreements (CSA) in the airline market. CSA can be viewed … understand how and to what extent CSA distorts market competition among airlines. With an application to Japanese domestic … airlines, structural estimates of our demand and supply models indicate that CSA would significantly lessen market competition …
Persistent link: https://www.econbiz.de/10014077048
Using the Ordinary Least Square (OLS) estimation technique based on a sample of 180 listed firms from 2008 to 2018, this study investigates the impact of institutional ownership on firm performance in the Bangladeshi setting. Consistent with the "active monitoring" view, the results indicate...
Persistent link: https://www.econbiz.de/10014284398
Competition requires that firms have incentives to compete. Common ownership reduces these incentives. There is no … competition. This note exposes the alternative talking points the industry and its defendants have brought forward, and contrasts …
Persistent link: https://www.econbiz.de/10012919598
This paper provides evidence on the impact of different types of institutional investors on a firm's thrust to compete. A firm's thrust to compete, as an attribute of corporate culture, captures the relative importance of corporate values that push a firm to achieve shareholder value in the...
Persistent link: https://www.econbiz.de/10012852909