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 …

This paper proposes a three-stage model of airline network competition, in which an airline's strategic decisions … estimated without computing a network equilibrium. The empirical finding shows that ignoring airline network externality leads … the consequences of a hypothetical merger between two airline networks (Alaska Air Group and Virgin America). The …

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 …

utilization in the U.S. airline industry. We present a simple theoretical model that predicts that lower demand realizations are …

frequency, passenger connecting costs, airline endogenous hub location and route structure strategic competition. We find that …

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 …

frequency, passenger connecting costs, airline endogenous hub location and route structure strategic competition. We find that …

This paper examines how network carriers adjust product quality given the competition from a low cost carrier (LCC …). While previous research has shown that product quality (measured by on-time performance) suffers from heightened competition …

and over time. Using panel data of the U.S. airline industry, we find significant differences on the pattern of … results suggest that if HHI increases by 0:1, the log likelihood of a major airline choosing complete outsourcing relative to … no outsourcing, goes up by 3.3%. This log likelihood goes down by 5.8% if the major airline's market share increases by 0 …

In this paper we study the impact of competition on the provision of quality in the US airline industry. Using changes … in competition triggered by LCC entry and airline mergers, we find that an increase in competition increases the … previous findings in the literature, our evidence suggests that an increase in competition unambiguously increases consumer …