Journal of Political Economy
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Опубликовано на портале: 22-03-2007
Severin Borenstein, Nancy L. Rose
Journal of Political Economy.
1994.
Vol. 102.
No. 4.
P. 653-683.
The authors study dispersion in the prices an airline charges to different passengers
on the same route. This variation in fares is substantial: the expected absolute
difference in fares between two passengers on a route is 36 percent of the airline's
average ticket price. The pattern of observed price dispersion cannot easily be explained
by cost differences alone. Dispersion increases on routes with more competition or
lower flight density, consistent with discrimination based on customers' willingness
to switch to alternative airlines or flights. The authors argue that the data support
models of price discrimination in monopolistically competitive markets.

