This paper shows how an airline monopoly uses refundable and non-refundable tickets to screen consumers who are … individual demand uncertainty is resolved. Using an original data set from U.S. airline markets, we find strong evidence … supporting our model. Price discrimination opportunities through refund contracts decline as the departure date nears and …

We develop a model of inter-temporal and intra-temporal price discrimination by airlines to study the ability of … estimate the model's multi-dimensional distribution of preference heterogeneity, we use unique data from international airline …

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 …

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 seat changes with inventory, days before departure and aggregate … types, we are able to identify a component that is largely consistent with dynamic price discrimination. We find higher …

then use new data from a regional airline to estimate how the two kinds of price discrimination interact, and how each is …I examine the case of a firm that practices both second-degree and third-degree price discrimination. I present a model … two kinds of price discrimination can either offset or reinforce each other, in a manner that fits the model's predictions …

This study provides further empirical evidence on pricing by international airline alliances. The paper covers a long …

We use unique data sets with round-the-clock posted fares and a regression discontinuity design to identify price … discrimination in advance-purchase discounts. Price discrimination increases fares by 14% between two and one week before departure …, and by 7.6% between three and two weeks to departure. While competition reduces price discrimination, it is unaffected by …

In this study we analyze the determinants of airline price dispersion. We particularly concentrate on the conduct and … marginal cost efficiency. The effect of conduct on price dispersion seems to depend on the characteristics of the market. For … margial cost efficiency has a negative effect on price dispersion …

empirical analysis in the context of the airline industry, where airfares are associated with frequent changes. We study the … effect at the route level and find significant price differences between routes for which airfare prediction information is … information, whereas legacy carriers are affected across all fare percentiles. Our results lend support to the notion that price …

following questions: how does flight duration affect the price dispersion of airline tickets and does price dispersion increase … as the date of departure approaches. To answer these questions, airline ticket prices for flights on the route: Warsaw …-London-Warsaw and the route: Warsaw-New York-Warsaw were observed between August 14 and November 14, 2014. Price dispersion increased on …