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Dynamic Price Competition: Theory and Evidence from Airline Markets
Social Science Research Network, 2022 We introduce a model of oligopoly dynamic pricing where firms with limited capacity face a sales deadline. We establish conditions under which the equilibrium is unique and converges to a system of differential equations.
Ali Hortaçsu +2 more
semanticscholar +1 more source
American Economic Journal: Microeconomics, 2020 Measures of productivity reveal large differences across producers even within narrowly defined industries. Traditional measures of productivity, however, will associate differences in demand volatility to differences in productivity when adjusting ...
R. Butters
semanticscholar +1 more source
American Economic Journal: Microeconomics, 2017 Hirschman’s Exit, Voice, and Loyalty highlights the role of “voice” when individuals confront an unexpected deterioration in quality. Yet, voice has received little attention.
J. Gans, Avi Goldfarb, Mara Lederman
semanticscholar +1 more source
Hidden Baggage: Behavioral Responses to Changes in Airline Ticket Tax Disclosure
American Economic Journal: Economic Policy, 2018 We examine the impact of a January 2012 enforcement action by the US Department of Transportation that required US air carriers and online travel agents to modify their web interfaces to incorporate all ticket taxes in up-front, advertised fares. We show
Sebastien Bradley, Naomi E. Feldman
semanticscholar +1 more source
Deregulation and the adaptation of governance structure: the case of the U.S. airline industry
, 1999 Deregulation provides a natural experiment for examining how governance adapts to structural changes in the business environment. We investigate the evolution of governance structure, characterized by ownership concentration, compensation policy, and ...
S. R. Kole, K. Lehn
semanticscholar +1 more source
Learning by Necessity: Government Demand, Capacity Constraints, and Productivity Growth
The American Economic ReviewThis paper studies how firms adapt to demand shocks when facing capacity constraints. I show that increases in government purchases raise total factor productivity in quantity units at the production line level.
Ethan Ilzetzki
semanticscholar +1 more source
Lost opportunity: Fear of flying, airline profits, and the economy
, 2017 The purpose of this study is to examine the relationship between fears of flying and U.S. airline load factors to determine if there is a potential impact on corporate profits and the economy.
G. Thompson, Annette E. Craven
semanticscholar +1 more source
Study of causality between civil aviation sector and economic development in Saudi Arabia
, 2017 How to cite this paper: Alshammary, M. (2017). Study of causality between civil aviation sector and economic development in Saudi Arabia. Journal of Governance & Regulation, 6(2), 22-31.
M. Alshammary
semanticscholar +1 more source