Price dispersion and competition in European airline markets
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作者:
Obermeyer, Andy
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Tech Univ Dresden, Inst Transport & Econ, Friedrich List Fac Transportat & Traff Sci, Dresden, GermanyTech Univ Dresden, Inst Transport & Econ, Friedrich List Fac Transportat & Traff Sci, Dresden, Germany
Obermeyer, Andy
[1
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Evangelinos, Christos
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Tech Univ Dresden, Inst Transport & Econ, Friedrich List Fac Transportat & Traff Sci, Dresden, GermanyTech Univ Dresden, Inst Transport & Econ, Friedrich List Fac Transportat & Traff Sci, Dresden, Germany
Evangelinos, Christos
[1
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Pueschel, Ronny
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Tech Univ Dresden, Inst Transport & Econ, Friedrich List Fac Transportat & Traff Sci, Dresden, GermanyTech Univ Dresden, Inst Transport & Econ, Friedrich List Fac Transportat & Traff Sci, Dresden, Germany
Pueschel, Ronny
[1
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机构:
[1] Tech Univ Dresden, Inst Transport & Econ, Friedrich List Fac Transportat & Traff Sci, Dresden, Germany
This paper tests the effects of competition on price dispersion in European airline markets. By conducting a cross-sectional analysis of some 1200 flights between more than 130 European airport pairs, we confirm recent results for the US airline industry that show a non-monotonic relationship between competition intensity and price dispersion. We link our results to recent efficiency and productivity analyses. Our findings support the hypothesis that efficient airlines are better positioned to differentiate fares than their less efficient counterparts. (C) 2012 Elsevier Ltd. All rights reserved.
机构:
Emory Univ, Goizueta Business Sch, Atlanta, GA 30322 USAEmory Univ, Goizueta Business Sch, Atlanta, GA 30322 USA
Chellappa, Ramnath K.
Sin, Raymond G.
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Hong Kong Univ Sci & Technol, Sch Business & Management, Hong Kong, Hong Kong, Peoples R ChinaEmory Univ, Goizueta Business Sch, Atlanta, GA 30322 USA
Sin, Raymond G.
Siddarth, S.
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Univ So Calif, Marshall Sch Business, Los Angeles, CA 90089 USAEmory Univ, Goizueta Business Sch, Atlanta, GA 30322 USA