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frequency, passenger connecting costs, airline endogenous hub location and route structure strategic competition. We find that …
Persistent link: https://www.econbiz.de/10010225784
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
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 …
Persistent link: https://www.econbiz.de/10012935571
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 …
Persistent link: https://www.econbiz.de/10012979141
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 …
Persistent link: https://www.econbiz.de/10013004573
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 …
Persistent link: https://www.econbiz.de/10012851401
Gulf carriers, such as Emirates Airline, Etihad Airways, and Qatar Airways, have expanded aggressively and are creating … this debate, the objective of this research is to empirically examine the effects of Gulf carrier competition on U … Transportation, the empirical results suggest that greater competition by Gulf carriers in U.S. international markets is associated …
Persistent link: https://www.econbiz.de/10013018593
of firms in the US airline industry. I estimate a dynamic equilibrium model in which forward-looking firms invest in … seating capacity and play a capacity-constrained pricing game. I find that the intensity of competition depends directly on … competition reduces consumer welfare relative to an environment in which anti-trust authorities can eliminate such exclusionary …
Persistent link: https://www.econbiz.de/10012710675
This paper analyzes the effects of market structure on price dispersion in the airline industry, using panel data from … dispersion increases with competition. We find that competition has a negative effect on price dispersion, in line with the … textbook treatment of price discrimination. Specifically, the effects of competition on price dispersion are most significant …
Persistent link: https://www.econbiz.de/10014224274