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When Will an Airline Stand Its Ground? An Analysis of Fare Wars

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  • Leola B. Ross
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    Paper provided by East Carolina University, Department of Economics in its series Working Papers with number 9703.

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    Handle: RePEc:wop:eacaec:9703

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    1. Foster, James E & Shorrocks, Anthony F, 1988. "Poverty Orderings," Econometrica, Econometric Society, Econometric Society, vol. 56(1), pages 173-77, January.
    2. Evans, William N & Kessides, Ioannis N, 1994. "Living by the "Golden Rule": Multimarket Contact in the U.S. Airline Industry," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 109(2), pages 341-66, May.
    3. Edward J Green & Robert H Porter, 1997. "Noncooperative Collusion Under Imperfect Price Information," Levine's Working Paper Archive 1147, David K. Levine.
    4. Borenstein, Severin & Rose, Nancy L, 1994. "Competition and Price Dispersion in the U.S. Airline Industry," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 102(4), pages 653-83, August.
    5. Glenn Ellison, 1994. "Theories of Cartel Stability and the Joint Executive Committee," RAND Journal of Economics, The RAND Corporation, vol. 25(1), pages 37-57, Spring.
    6. Rotemberg, Julio J & Saloner, Garth, 1986. "A Supergame-Theoretic Model of Price Wars during Booms," American Economic Review, American Economic Association, American Economic Association, vol. 76(3), pages 390-407, June.
    7. Scott, John T, 1982. "Multimarket Contact and Economic Performance," The Review of Economics and Statistics, MIT Press, vol. 64(3), pages 368-75, August.
    8. Kathy J. Hayes & Leola B. Ross, 1996. "Is airline price dispersion the result of careful planning or competitive forces?," Working Papers, Federal Reserve Bank of Dallas 9607, Federal Reserve Bank of Dallas.
    9. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Publishing House "SINERGIA PRESS", Publishing House "SINERGIA PRESS", vol. 31(3), pages 129-137.
    10. Porter, Robert H, 1985. "On the Incidence and Duration of Price Wars," Journal of Industrial Economics, Wiley Blackwell, Wiley Blackwell, vol. 33(4), pages 415-26, June.
    11. B. Douglas Bernheim & Michael D. Whinston, 1990. "Multimarket Contact and Collusive Behavior," RAND Journal of Economics, The RAND Corporation, vol. 21(1), pages 1-26, Spring.
    12. Slade, Margaret E, 1989. "Price Wars in Price-Setting Supergames," Economica, London School of Economics and Political Science, London School of Economics and Political Science, vol. 56(223), pages 295-310, August.
    13. Kakwani, Nanak, 1989. "On Measuring Undernutrition," Oxford Economic Papers, Oxford University Press, vol. 41(3), pages 528-52, July.
    14. Scott,John T., 2005. "Purposive Diversification and Economic Performance," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521022583.
    15. Robert H. Porter, 1983. "A Study of Cartel Stability: The Joint Executive Committee, 1880-1886," Bell Journal of Economics, The RAND Corporation, The RAND Corporation, vol. 14(2), pages 301-314, Autumn.
    16. Hadar, Josef & Russell, William R, 1969. "Rules for Ordering Uncertain Prospects," American Economic Review, American Economic Association, American Economic Association, vol. 59(1), pages 25-34, March.
    17. Slade, Margaret E, 1987. "Interfirm Rivalry in a Repeated Game: An Empirical Test of Tacit Collusion," Journal of Industrial Economics, Wiley Blackwell, Wiley Blackwell, vol. 35(4), pages 499-516, June.
    18. Severin Borenstein, 1989. "Hubs and High Fares: Dominance and Market Power in the U.S. Airline Industry," RAND Journal of Economics, The RAND Corporation, vol. 20(3), pages 344-365, Autumn.
    19. Scott, John T., 1991. "Multimarket contact among diversified oligopolists," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 9(2), pages 225-238, June.
    20. Slade, Margaret E, 1992. "Vancouver's Gasoline-Price Wars: An Empirical Exercise in Uncovering Supergame Strategies," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 59(2), pages 257-76, April.
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    Cited by:
    1. Zhang, Yahua & Round, David K., 2011. "Price wars and price collusion in China's airline markets," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 29(4), pages 361-372, July.
    2. Harumi Ito & Darin Lee, 2003. "Incumbent Responses to Lower Cost Entry: Evidence from the U.S. Airline Industry," Working Papers 2003-22, Brown University, Department of Economics.
    3. García-Gallego, Aurora & Georgantzís, Nikolaos & Jaramillo-Gutiérrez, Ainhoa & Pereira, Pedro & Pernías-Cerrillo, J. Carlos, 2014. "On the evolution of monopoly pricing in Internet-assisted search markets," Journal of Business Research, Elsevier, Elsevier, vol. 67(5), pages 795-801.
    4. Marcelo Resende & Rodrigo M. Zeidan, 2011. "Tacit Collusion under Imperfect Monitoring in the Canadian Manufacturing Industry: An Empirical Study," CESifo Working Paper Series 3623, CESifo Group Munich.
    5. Ila Alam & Leola Ross & Robin Sickles, 2001. "Time Series Analysis of Strategic Pricing Behavior in the US Airline Industry," Journal of Productivity Analysis, Springer, Springer, vol. 16(1), pages 49-62, July.

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