Hortaçsu, Ali; Natan, Olivia R.; Parsley, Hayden; … - National Bureau of Economic Research - 2021
We study how organizational boundaries affect pricing decisions using comprehensive data from a large U.S. airline. We … multiple biases. To quantify the impacts of these biases, we estimate a structural demand model using sales and search data. We … recover the demand curves the firm believes it faces using forecasting data. In counterfactuals, we show that correcting …