We develop a method to measure the intensity of competition between firms. Our method, which we call the Best Response …

dispersion increases with competition. We find that competition has a negative effect on price dispersion, in line with the … textbook treatment of price discrimination. Specifically, the effects of competition on price dispersion are most significant … routes with a more homogenous customer base, the effects of competition on price discrimination are largely insignificant. We …

We investigate the effect of competition on price dispersion in the airline industry. Using panel data from 1993 to … 2008, we find a non-monotonic effect of competition on price dispersion. An increase in competition is associated with …

multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect …

multimarket contact generates mutual forbearance in frequency competition, finding no evidence for such an effect. -- airlines …

towards international airline competition. While the policies of the 1980s and 90s were designed to maximize industry … have sought to reduce competition and entrench the position of the largest carriers. These policies have already led to the … large legacy airlines and government officials could dramatically restructure international airline competition in favor of …

We revisit the relationship between competition and price discrimination in the airline industry. Theoretically, we … show that, if consumers differ in terms of both their underlying willingness-to-pay and their brand loyalty, competition … competition has little impact on tickets at the top or the bottom of the fare distribution but a significant impact on tickets in …