Why do all the flights leave at 8 am?: competition and departure-time differentiation in airline markets

Article Abstract:

Research on spatial product differentiation using theoretical models suggests that two incentives are faced by competing firms. The benefits from minimizing differentiation is to steal customers from competitors and to reduce price competition. The effect of competition on differentiation was estimated using data on US airline departure times in 1975 and 1986. It was shown that in the 1975 data, when there was no regulations on fares, differentiation has no apparent effect on price competition.

Scheduled Airlines, Scheduled Air Transportation, Air Transportation, Scheduled, And Air Courier Services, Economic aspects, Airlines

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Weak entrants are welcome

Article Abstract:

Research into the decision problem of an incumbent company faced with a weak and strong entrant in a differentiated market is presented. The incumbent firm and the weak firm select closer products and make a commitment to competing fiercely as the threat of entry becomes significant.

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Price competition between an expert and a non-expert

Article Abstract:

Research characterizing price competition between an expert and a non-expert is presented. Compared with the expert, the non-expert's repair technology is not always successful.

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