Systematic peak-load pricing, congestion premia and demand diverting: Empirical evidence from airlines

This paper finds empirical support to systematic peak-load pricing in airlines---higher fares in ex-ante known congested periods. It estimates a congestion premia and supports the main empirical prediction in Gale and Holmes (1993) [Gale, I., Holmes, T., 1993. Advance-purchase discounts and monopoly allocation of capacity. American Economic Review 83, 135-146]---less discount seats on peak fights.

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Year of publication:	2009
Authors:	Escobari, Diego
Published in:	Economics Letters. - Amsterdam : Elsevier, ISSN 0165-1765. - Vol. 103.2009, 1, p. 59-61
Publisher:	Amsterdam : Elsevier
Subject:	Airline \| Congestion pricing \| Demand-side management \| Airlines \| Congestion Premia \| Peak-load pricing

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.1016/j.econlet.2009.01.019 [DOI] 843944749 [GVK] hdl:10419/123727 [Handle] RePEc:zbw:espost:123727 [RePEc]
Classification:	C23 - Models with Panel Data ; L93 - Air Transportation
Source:	EconStor

Persistent link: https://www.econbiz.de/10011396587