BEGIN:VCALENDAR PRODID:-//eluceo/ical//2.0/EN VERSION:2.0 CALSCALE:GREGORIAN BEGIN:VEVENT UID:b8baf9b44552a3858c5db2f495e7e46c DTSTAMP:20240505T102729Z SUMMARY:Dr. Ambarish Chandra\, University of Toronto DESCRIPTION: \n\nRevisiting the Relationship between Competition and Price\ nDiscrimination in the Airline Industry\n\nAbstract We revisit the relatio nship between competition and price\ndiscrimination in the airline industr y. Building on early theoretical\nwork\, we develop a sim- ple model showi ng that\, if consumers dier in\nterms of both their underlying willingness -to-pay to travel and their\ndegree of brand loyalty\, competition may inc rease fare dierences\nbetween some types of travellers while decreasing th em between others.\nUsing a novel source of data on airfares that distingu ishes tickets\nsold to dierent types of travellers\, we show that competit ion\nincreases cross-cabin fare dierentials but decreases fare\ndierential s between most Dis- count Coach passengers\, thus\nreconciling con icting ndings from earlier re-search.\n DTSTART:20150515T180000Z DTEND:20150515T193000Z LOCATION:Gerri C. LeBow Hall\, 3220 Market Street\, 722\, Philadelphia\, PA 19104 END:VEVENT END:VCALENDAR