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This paper uses transaction data to investigate the effects of Internet purchase on airline fares. Our data include ticket characteristics, restrictions, flight load factors, and dates and channel of purchase. Controlling for ticket and flight characteristics, online purchasers pay about 11...
Persistent link: https://www.econbiz.de/10010735651
type="main" xml:lang="en" <p>This paper empirically examines the effect of competitive conditions on nonlinear pricing strategies in the airline industry. We use a unique data set to analyze the impact of concentration and the competitive pressures generated by Southwest and other low cost carriers...</p>
Persistent link: https://www.econbiz.de/10011037419
A fundamental question in industrial organization regards the relationship between price and the number of sellers. This relationship has been particularly important in the pharmaceutical industry where legislative changes were specifically designed to foster competition. Previous research on...
Persistent link: https://www.econbiz.de/10005578717
This paper investigates why passengers pay substantially different fares for travel on the same airline between the same two airports. We investigate questions that are fundamentally different from those in the existing literature on airline price dispersion. We use a unique new dataset to test...
Persistent link: https://www.econbiz.de/10008631683
The intemational transfer pricing norm is the "arm's length" standard where prices are set as tf related parttes were transacting as unrelated parties. The modern theory of the firm, however, argues that the types of transactions that take place within firms differ significantly from market...
Persistent link: https://www.econbiz.de/10010687210