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We consider service competition between two platforms, who are assumed to be farsighted, i.e., they consider the chains of reactions following their initial deviation. We first investigate the one-sided competition where the supply-side capacities of two platforms are fixed and then proceed to...
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This paper considers European airline markets to establish a causal effect of competition on pricing dynamics. It shows that intertemporal price dispersion is strongly reduced by competition because flights booked close to departure time are on average priced substantially lower when competition...
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This study considers the network development of the three largest European Low Cost Carriers (LCCs) easyJet, Ryanair and Wizz Air during the pre-pandemic period and the pandemic period. Network developments are characterized in terms of the route numbers, city-pair numbers, frequencies, market...
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Private operation of port facilities is becoming increasingly common worldwide and many governments consider the privatization of public ports as a policy option. We investigate the effect of port privatization in a setting with two ports located in different countries, serving their home market...
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