Dynamic oligopoly pricing: Evidence from the airline industry

نویسندگان
چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Dynamic Pricing in the Airline Industry

Dynamic price discrimination adjusts prices based on the option value of future sales, which varies with time and units available. This paper surveys the theoretical literature on dynamic price discrimination, and confronts the theories with new data from airline pricing behavior. Correspondence to: R. Preston McAfee, 100 Baxter Hall, California Institute of Technology, Pasadena, CA 91125, pres...

متن کامل

Bankruptcy and Product-Market Competition: Evidence from the Airline Industry∗

Classical models of product market competition maintain that firms maximize their profits regardless of their financial condition. Yet over the last two decades a growing theoretical literature has examined whether a firm’s capital structure impacts competition in the market for the firm’s products. In this paper we ask whether a firm operating under bankruptcy protection significantly reshapes...

متن کامل

Nonlinear Pricing and Market Concentration in the U.S. Airline Industry∗

This paper provides new evidence on the impact of market concentration on airlines’ nonlinear pricing strategies. Under a second-degree price discrimination setup, where firms compete via a collection of quality and price pairs, we derive testable implications about the effect of market structure on a firm’s relative price schedule. We then test these predictions using a unique dataset of airli...

متن کامل

Maximizing revenue in the airline industry under one-way pricing

The paper describes a methodology that has been implemented in a major British airline to find the optimal price to charge for airline tickets under one-way pricing. An analytical model has been developed to describe the buying behaviour of customers for flights over the selling period. Using this model and a standard analytical method for constrained optimisation, we can find an expression for...

متن کامل

Dynamic Airline Pricing and Seat Availability

Airfares are determined by both intertemporal price discrimination and dynamic adjustment to stochastic demand. I estimate a model of dynamic airline pricing accounting for both forces with new flight-level data. With model estimates, I disentangle key interactions between the arrival pattern of consumer types and remaining capacity under stochastic demand. I show that the forces are complement...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: International Journal of Industrial Organization

سال: 2020

ISSN: 0167-7187

DOI: 10.1016/j.ijindorg.2020.102639