Price competition within and between airlines and high-speed trains: the case of the Milan-Rome route

被引：11

作者：

Abrate, Graziano ^{[1
]}

Viglia, Giampaolo ^{[2
]}

Sanchez Garcia, Javier ^{[3
]}

Forgas-Coll, Santiago ^{[4
]}

机构：

[1] Univ Piemonte Orientale, Dept Econ & Business, Via Perrone 18, I-28100 Novara, Italy

[2] Bournemouth Univ, Fac Management, Talbot Campus, Poole BH12 5BB, Dorset, England

[3] Univ Jaume 1, Dept Business Adm & Mkt, Av De Vincent Sos Baynat S-N, Castellon de La Plana 12071, Spain

[4] Univ Barcelona, Fac Econ & Business, Av Diagonal 690, Barcelona 08034, Spain

来源：

TOURISM ECONOMICS | 2016年 / 22卷 / 02期

关键词：

competition; airline; rail; pricing; low cost; strategic behaviour; LOW-COST AIRLINES; REVENUE MANAGEMENT; AIR TRANSPORT; CHOICE BEHAVIOR; RAIL; MARKET; SERVICE; DISCRIMINATION; PERCEPTIONS; DEMAND;

D O I：

10.5367/te.2016.0549

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In the travel industry high-speed trains and airlines are increasingly competing for passengers, and the diffusion of price optimization based on real time demand fluctuations poses new challenges in the analysis of price competition between operators. This paper presents an analysis of how different competitors simultaneously adjust their prices in the short run. The empirical model accounts for dynamic price variations, exploring both intramodal and intermodal price competition. The results, based on 12,506 price observations, show that intermodal competition presents some kind of asymmetric behaviour, with airlines reacting more than trains to competitors' price changes. The paper concludes with the implications of this heterogeneous behaviour for the tourism and travel industries.

引用

页码：311 / 323

页数：13

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