Showing 1 - 10 of 12
Empirical research on the relationship between market congestion and the market competitive level largely falsifies the positive relationship predicted by theoretical models. In this paper, I exploit the airline industry network structure and focus on the level of congestion during periods in...
Persistent link: https://www.econbiz.de/10014048239
How did the diffusion of the Internet affect performance and product quality in the airline industry? We argue that the shift to online distribution channels has changed the way airlines compete for customers - from an environment in which airlines compete for space at the top of travel agents'...
Persistent link: https://www.econbiz.de/10013074996
We approach the issue of the value of a platform to a seller in a two-sided market where both buyers and sellers multi-home. A seller that loses access to a major buyer platform can potentially incur substantial financial losses. We exploit a recent conflict between American Airlines and two...
Persistent link: https://www.econbiz.de/10013074997
We study how organizational boundaries affect pricing decisions using comprehensive data provided by a large U.S. airline. We show that contrary to prevailing theories of the firm, advanced pricing algorithms have multiple biases. To quantify the impacts of these biases, we estimate a structural...
Persistent link: https://www.econbiz.de/10013314087
In this article, we estimate the price elasticities of demand for subscription and consumer switching costs for mobile telephony. We use a panel of Portuguese consumer level data to estimate a series of multinomial and mixed logit models. The demand for subscription is elastic. Switching costs...
Persistent link: https://www.econbiz.de/10014048274
This article assesses the unilateral effects on prices of a merger in the Portuguese mobile telephony market. We use aggregate quarterly data from 1999 to 2005 and a nested logit model to estimate the price elasticities of demand and the marginal costs of subscription of mobile telephony. Given...
Persistent link: https://www.econbiz.de/10014026649
This paper uses a unique individual transactions data set to investigate the effects of internet purchase on the prices paid for airline tickets. The analysis also investigates the effects of changes in the percentage of online transactions on both online and offline prices and on price...
Persistent link: https://www.econbiz.de/10014026685
We study how access pricing affects network competition when consumers' subscription demand is elastic and networks compete with non-linear prices and can use termination-based price discrimination. In the case of annexed per minute termination charge, our model generalizes the results of Gans...
Persistent link: https://www.econbiz.de/10014212808
Local telecommunications competition was an important goal of the 1996 Telecommunications Act. We evaluate the consumer welfare effects of entry into residential local telephone service in New York State using household-level data from September 1999 to March 2003. We address the prevalence of...
Persistent link: https://www.econbiz.de/10014027479
Trinko, a local telecommunications services customer of AT&T, sued Verizon for anti-competitively raising the costs of AT&T, its rival in the market for local telecommunications services who, pursuant to the rules of the Telecommunications Act of 1996 was leasing parts of the local...
Persistent link: https://www.econbiz.de/10014027592