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This paper analyzes third-degree price discrimination of a monopoly airline in the presence of congestion externality … passengers exhibit a higher time valuation, and a less price-elastic demand, than leisure passengers. Our main result is the … identification of the time-valuation effect of price discrimination, which can work in the opposite direction as the well …
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The significance of ancillary services within the airline industry is progressively gaining prominence. As such … review of ancillary services on passengers’ willingness to pay and the personalized pricing within the airline industry … selected region has not been widely covered. Nonetheless, this article can potentially be valuable for researchers and airline …
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