Are airlines' price-setting strategies different?
Using a sample of fare quotes for non-stop travel from New York to London, this paper documents a set of stylized facts about pricing strategies of air carriers on this route. Two key facts stand out. First, airlines appear to employ strikingly different pricing strategies. Second, fares increase at an accelerated rate as the departure date approaches.
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Volume (Year): 16 (2010)
Issue (Month): 1 ()
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