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Monday, May 11, 2020 | History

4 edition of Competition and price dispersion in the U.S. airline industry found in the catalog.

Competition and price dispersion in the U.S. airline industry

by Severin Borenstein

  • 375 Want to read
  • 34 Currently reading

Published by Alfred P. Sloan School of Management, Massachusetts Institute of Technology in Cambridge, Mass .
Written in English


Edition Notes

Statementby Severin Borenstein and Nancy L. Rose.
SeriesWorking paper / Alfred P. Sloan School of Management -- WP #3322-91-EFA, Working paper (Sloan School of Management) -- 3322-91.
ContributionsRose, Nancy L., Sloan School of Management.
The Physical Object
Pagination29 p. : ill. ;
Number of Pages29
ID Numbers
Open LibraryOL17937620M
OCLC/WorldCa25758093

The Nature and Status of U.S. Airline Competition – Beyond the “80 Percent” Rhetoric It’s hard to read a story about the U.S. airline industry these days without seeing an assertion that the four largest carriers “control” 80 percent of the domestic market. REVIEW OF HISTORY, STRUCTURE, AND COMPETITION IN THE U.S. AlRLINE INDUSTRY Gerald N. Cook The airline industry has evolved~in two profoundly different eras, first under the protective hand of federal economic regulation and, following the Airline Deregulation Act of , subjected to the full force of the free by: 1.

  Whereas past studies rely on aggregate measures of price dispersion such as the gini coefficient or the standard deviation of fares, this paper estimates the entire empirical distribution of airline fares and documents how the shape of the distribution is determined by market by: 5.   The U.S. government, media, and flying public have expressedgreat concern in recent years over both airline market concentration and flightdelays. This study explores potential connections between the two by examining whetherthe lack of competition on a particular route results in worse on-time is of data from the U.S. Bureau of Transportation Statistics in Cited by:

"The Evolution of U.S. Airline Competition," Journal of Economic Perspectives, 7(Spring ). "Competition and Price Dispersion in the U.S. Airline Industry," (with Nancy Rose), Journal of Political Economy, (August ). "Antitrust Policy in Aftermarkets," (with Jeffrey MacKie-Mason and Janet Netz), Antitrust Law Journal, 63(Winter ). The airline industry is taking off, driven by competition that inspires more flights, more options, more services and more affordable travel for American families.


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Competition and price dispersion in the U.S. airline industry by Severin Borenstein Download PDF EPUB FB2

Hdm workingpaper choolofmanagement competitionandpricedispersion eindustry by latestrevision:june wp#efa massachusetts instituteoftechnology 50memorialdrive cambridge,massachusettsFile Size: 1MB.

Competition and Price Dispersion in the U.S. Airline Industry Article (PDF Available) in Journal of Political Economy (4) August with 2, Reads How we measure 'reads'.

We study dispersion in the prices an airline charges to different passengers on the same route. This variation in fares is substantial: the expected absolute difference in fares between two passengers on a route is 36 percent of the airline's average ticket price.

The pattern of observed price dispersion cannot easily be explained by cost differences by: Competition and Price Dispersion in the U.S. Airline Industry Severin Borenstein, Nancy L. Rose. NBER Working Paper No. (Also Reprint No. r) Issued in July NBER Program(s):Industrial Organization.

This papers analyzes dispersion in the prices that an airline charges to different customers on the same route. Get this from a library. Competition and price dispersion in the U.S. airline industry. [Severin Borenstein; Nancy L Rose; National Bureau of Economic Research.].

This paper tests the effects of competition on price dispersion in European airline markets. By conducting a cross-sectional analysis of some flights between more than European airport. Buy Competition and Price Dispersion in the U.S.

Airline Industry by Severin Borenstein online at Alibris. We have new and used copies available, in 5 editions - starting at $ Shop Range: $ - $ Competition and Price Dispersion in the U.S.

Airline Industry [Borenstein, Severin, Rose, Nancy L, Sloan School of Management] on *FREE* shipping on qualifying offers. Competition and Price Dispersion in the U.S. Airline Industry.

This paper analyzes the effects of market structure on price dispersion in the airline industry, using panel data from through The results found in this paper contrast with those of Borenstein and Rose (), who found that price dispersion increases with by: Competition and Price Dispersion in the U.S.

Airline Industry ARTICLE in JOURNAL OF POLITICAL ECONOMY AUGUST Impact Factor: DOI: / Source: RePEc CITATIONS READS 2 AUTHORS, INCLUDING: Nancy Lin Rose Massachusetts Institute of 33 PUBLICATIONS 1, CITATIONS SEE PROFILE Available from: Nancy Lin Rose.

Abstract. This papers analyzes dispersion in the prices that an airline charges to different customers on the same route. Such variation in airlines fares is substantial: the expected absolute difference in fares between two of an airline's passengers on a route averages thirty-six percent of the airline's average ticket price on the by: Full text of "Competition and price dispersion in the U.S.

airline industry" See other formats /C^^c^!P* / ^' HDM WORKING PAPER ALFRED P. SLOAN SCHOOL OF MANAGEMENT COMPETITION AND PRICE DISPERSION IN THE U.S. AIRLINE INDUSTRY by Severin Borenstein and Nancy L. Rose Latest Revision: June WP#EFA MASSACHUSETTS INSTITUTE OF TECHNOLOGY.

Summary Measures of Price Dispersion in the. U.S. Airline Industry. The extent of actual price dispersion in the U.S. airline industry has not been previously measured, despite evidence of substantial variation in published fares and widespread recognition of the critical role of "yield management."'.

"Competition and Price Dispersion in the U.S. Airline Industry," Journal of Political Economy, University of Chicago Press, vol. (4), pagesAugust. References listed on IDEAS as. COMPETITION AND PRICE DISPERSION IN THE U.S. AIRLINE INDUSTRY. Downloadable (with restrictions).

The authors study dispersion in the prices an airline charges to different passengers on the same route. This variation in fares is substantial: the expected absolute difference in fares between two passengers on a route is 36 percent of the airline's average ticket price.

The pattern of observed price dispersion cannot easily be explained by cost differences. Contents Executive Summary Overview and Trends 15 Scope and Organization ofthe Report, 16 General Developments and Trends During the s, 18 Price Dispersion in the Airline Industry, 22 Market and Industry Entry Trends, 40 Resurgence of Low-Fare Service, 49 Summary, 61 2 Airline Competition at Hub Airports and Complaints of Unfair Conduct   For more details on this, refer to U.S.

airline industry consolidation and restructuring. In the Chinese aviation industry, on the other hand, there has been an increase in competition from the.

We analyze the effects of competition on price dispersion intheairline industry, using panel data from Q1 through Q3. Compe-tition has a negative effect on price dispersion, in line with the text-book treatment of price discrimination.

This effect is pronounced for routes with consumers characterized by relatively heterogeneous elas. Competition and Price Dispersion in the U.S. Airline Industry. Severin Borenstein and Nancy Rose. NoNBER Working Papers from National Bureau of Economic Research, Inc Abstract: This papers analyzes dispersion in the prices that an airline charges to different customers on the same route.

Such variation in airlines fares is substantial: the expected absolute difference in fares between Cited by:. Nevertheless, U.S. policy makers should take steps to increase competition even more, and protect it fro m erosion from a growing airport capacity should remove barriers to entry by.Abstract.

This papers analyzes dispersion in the prices that an airline charges to different customers on the same route. Such variation in airlines fares is substantial: the expected absolute difference in fares between two of an airline's passengers on a route averages thirty-six percent of the airline's average ticket price on the : Severin Borenstein and Nancy L.

Rose.The effects of strategic price competition on price dispersion of airline ticket prices are empirically evaluated based on an extensive database from the U.S. Department of Transportation. The results of this study show that multi-market contact between rival firms and the interaction of multi-market contact and market concentration have a Cited by: 1.