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This paper develops an empirical model of online airfare determinants to inspect the impact of the entry of a low-cost carrier (LCC). In particular, we investigate whether the increased competition from a recently established LCC induces major carriers to respond in two competitive dimensions:...
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To entice customers to purchase, sellers on online platforms often misrepresent the quality of their goods/services, e.g., by manipulating consumer opinion. We analyze an oligopoly where sellers, heterogeneous in their true quality, compete by jointly choosing their prices and the extent of...
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