Jel:l93 - Open Access .click

Transportation Research Part A: Policy and Practice, 2022
We follow up Ito and Lee (2007)’s research on the effect of alliances on air tickets prices for the US domestic market. Our main goal is to check if price differentials of allied and or codeshared products are maintained in the recent years.
Raquel Menezes Bezerra Sampaio, M. Urdánoz +1 more
semanticscholar +1 more source

Incumbents’ Pricing and Nonpricing Responses to Entry in Vertically Differentiated Markets

Social Science Research Network, 2022
We investigate incumbents’ pricing and nonpricing responses to product entry in market with vertical product differentiation. Using data from international airline markets, we observe price reductions by connecting incumbents in response to high-quality (
Christoph Bauner, Zexuan Liu
semanticscholar +1 more source

Estimating Models of Supply and Demand: Instruments and Covariance Restrictions

American Economic Journal: Microeconomics
We consider the identification of empirical models of supply and demand with imperfect competition. We show that a restriction on the covariance between unobserved demand and cost shocks can resolve endogeneity and identify the price parameter.
Alexander Mackay, Nathan H. Miller
semanticscholar +1 more source

economics
business
engineering