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Domestic market power in the international airline industry

Jong, Gjalt de; Behrens, Christiaan; Herk, H. van; … - 2016

We posit and empirically test the hypothesis that airlines are able to charge a fare premium in markets that originate in their domestic country relative to similar markets that originate in foreign countries. To this end, we focus on intercontinental one-stop air travel trips for which the...

Persistent link: https://www.econbiz.de/10011583706

On the effects of suggested prices in gasoline markets

Faber, Riemer P.; Janssen, Maarten C. W. - 2008 - This Version November 17, 2008

This article analyzes the role of suggested prices in the Dutch retail market for gasoline. Suggested prices are announced by large oil companies with the suggestion that retailers follow them. There are at least two competing rationales for the existence of suggested prices: they may either...

Persistent link: https://www.econbiz.de/10011377385

Asymmetric price responses of gasoline stations : evidence for heterogeneity of retailers

Faber, Riemer P. - 2009

This paper studies asymmetric price responses of individual firms, via daily retail prices of almost all gasoline … the stations respond asymmetrically to changes in the spot market price. Hence, asymmetric pricing is not a feature of the …

Persistent link: https://www.econbiz.de/10011379452

Pivotal suppliers and market power in experimental supply function competition

Brandts, Jordi; Reynolds, Stanley S.; Schram, Arthur - 2011

In the process of regulatory reform in the electric power industry, the mitigation of market power is one of the basic problems regulators have to deal with. We use experimental data to study the sources of market power with supply function competition, akin to the competition in wholesale...

Persistent link: https://www.econbiz.de/10011383176

Market structure and the pricing of new products : a nested logit approach with asymmetric firms

Bleker, Sylvia; Behrens, Christiaan; Koster, Paul; … - 2014

This article investigates competition in a market with an emerging technology using a discrete choice model to analyze demand and welfare. We focus on industry structure and investigate the impact of different market structures on demand for the new technology and on welfare. The car market...

Persistent link: https://www.econbiz.de/10010421763

The economics of airport congestion pricing

Pels, Eric; Verhoef, Erik T. - 2003

Conventional economic wisdom suggests that congestion pricing would be an appropriate response to cope with the growing congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive congestion prices equal to the value of marginal...

Persistent link: https://www.econbiz.de/10011334350

Price-setting power versus private information : an experimental evaluation of their impact on holdup

Sloof, Randolph - 2003

Persistent link: https://www.econbiz.de/10001883935

Price differentiation and discrimination in transport networks

Weijde, Adriaan Hendrik van der - 2014

This paper analyzes the effects of price differentiation and discrimination by a monopolistic transport operator, which …'s optimal strategies in an unregulated market, a market where price differentiation is not allowed (i.e., ticket prices must be … the same for all users), and a market where price discrimination is illegal (i.e., ticket prices must only differ with the …

Persistent link: https://www.econbiz.de/10010384385

The impact of WTO accession on Chinese firms' product and labor market power

Dobbelaere, Sabien; Wiersma, Quint - 2019

margin, trade liberalization via input tariff reductions is found to increase a firm's price-cost markup but to decrease the …

Persistent link: https://www.econbiz.de/10012026039

Competition in multi-modal transport networks : a dynamic approach

Weijde, Adriaan Hendrik van der; Verhoef, Erik T.; … - 2012

Persistent link: https://www.econbiz.de/10009724348