IDEAS home Printed from https://ideas.repec.org/a/tpe/jtecpo/201852123--44.html
   My bibliography  Save this article

Price Dispersion, Competition, and Efficiency: Evidence from Chicago-Based Routes

Author

Listed:
  • Levent Kutlu
  • Ran Wang

Abstract

In this study, we analyse the determinants of airline price dispersion. We particularly concentrate on the relationship between the conduct (a proxy for market power) and marginal cost efficiency. The effect of conduct on price dispersion seems to depend on the characteristics of the market. For the big city routes, conduct has a positive effect on price dispersion, and for the leisure routes, the effect is negative. Also, we find that marginal cost efficiency has a negative effect on price dispersion.

Suggested Citation

  • Levent Kutlu & Ran Wang, 2018. "Price Dispersion, Competition, and Efficiency: Evidence from Chicago-Based Routes," Journal of Transport Economics and Policy, University of Bath, vol. 52(1), pages 23-2-44.
    • Handle: RePEc:tpe:jtecpo:2018:52:1:23--44
    as

    Download full text from publisher

    File URL: https://www.jstor.org/stable/90016282
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tpe:jtecpo:2018:52:1:23--44. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher F. Baum (email available below). General contact details of provider: http://www.bath.ac.uk/e-journals/jtep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.