This analysis examines pricing behavior in duopoly routes, revealing implications for airline competition.
This paper examines the pattern of a firm’s pricing rivalry and its associated price elasticities in a set of duopoly routes. The parameters of the marginal cost function are also estimated. This model allows for free variation of estimated “conduct parameters” and price elasticities across airline routes.
No takes yet. Share an insight, caveat, or question.
Oum et al. (1993) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: