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There is a small but theoretically important literature on ‘born-globals’ or international new venture firms that positions itself in contrast to the more established sequential international entry literature. In this paper, we examine the pattern of entry into international markets for a...
Persistent link: https://www.econbiz.de/10014196236
We investigate the impact of consumer search and competition on pricing strategies in Germany’s electricity retail. We … utilize a unique panel dataset on spatially varying search requests at major online price comparison websites to construct a … direct measure of search intensity and combine this information with zip code level data on electricity tariffs between 2011 …
Persistent link: https://www.econbiz.de/10011446819
We study how consumer search affects pricing in markets with incumbents and entrants using panel data on German … electricity retail markets. Consumers observe the baseline price of the incumbent and decide whether or not to search. Incumbent … baseline rate while entrants decrease their tariffs if consumer search increases. Moreover, the incumbent price discriminates …
Persistent link: https://www.econbiz.de/10011916675
Over the last 20 years, demand for air passenger transport has grown dramatically. At the same time, the two largest domestic airlines merged and several smaller entrants exited without being able to make significant inroads. As a result, the industry is highly concentrated, with a dominant firm...
Persistent link: https://www.econbiz.de/10014216565
Over the last 20 years, demand for air passenger transport has grown dramatically. At the same time, the two largest domestic airlines merged and several smaller entrants exited without being able to make significant inroads. As a result, the industry is highly concentrated, with a dominant firm...
Persistent link: https://www.econbiz.de/10014216566
This paper explores the possibility that the fortress hubs phenomenon is a consequence of the nature of airline hub-spoke network rivalry with the cost complementarities and economies of traffic density inherent to such networks. A negative network effect of local competition is identified:...
Persistent link: https://www.econbiz.de/10014076280
This paper examines the economic consequences of code-sharing agreements (CSA) in the airline market. CSA can be viewed as a vertical contract between airlines, which sometimes co-own the code-shared flights. Our structural model aims to understand how and to what extent CSA distorts market...
Persistent link: https://www.econbiz.de/10014077048
This study examines the economic consequences of a horizontal merger between Japanese airlines that took place in 2002, with particular emphasis on quality responses to the airline merger. A structural model allows firms to determine not only prices but also flight frequencies. The obtained...
Persistent link: https://www.econbiz.de/10014077967
The main objective of this research was the analysis of the Russian civil aviation market in 2016 in order to identify the nature of the strategic behavior of firms. Evaluation of the Herfindahl-Hirschman index, entry barriers and the degree of differentiation of services allowed to conclude of...
Persistent link: https://www.econbiz.de/10014106722
This paper explores airline pricing behaviour dealing with two issues. The first is to measure the extent to which intramodal competition influences fares charged to travellers. The second is to shed light on fares' intertemporal profile to verify if airlines undertake intertemporal price...
Persistent link: https://www.econbiz.de/10013097983