Are Consumers Strategic Structural Estimation From The Air Travel Industry PDF Download
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| Author | : Jun Li |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2013 |
| Genre | : |
| ISBN | : |
Download Are Consumers Strategic? Structural Estimation from the Air-Travel Industry Book in PDF, ePub and Kindle
Many consumers have learned to delay purchases, anticipating that prices might decrease. Such strategic or forward-looking behavior has attracted increasing attention from various disciplines, including operations management, information systems, marketing, and economics. However, there is currently limited empirical evidence of the extent to which this strategic purchasing actually takes place. Combining two unique data sources from the air-travel industry (posted fare data and booking data), we use a structural model to estimate the fraction of strategic consumers in the population, assuming di erent levels of sophistication in consumers' perception of future prices: perfect foresight and weak- and strong-form rational expectations. We nd that 5.2% to 19.2% of the population is strategic across markets, measured by the rst and third quartiles. Our inter-market analysis indicates that shorter trips with alternate modes of transportation have a higher proportion of strategic consumers. Using a non-parametric approach, we further nd that most strategic consumers arrive either at the beginning of the booking horizon or close to departure. Finally, our counterfactual analysis shows that, contrary to conventional wisdom, the presence of strategic consumers does not necessarily hurt revenues. Rather, the impact varies by market. Commitment to a non-decreasing pricing strategy is more likely to bene t business markets than leisure markets and it could even hurt leisure markets. Inter-market analysis shows that city-pairs with lower internet penetration, higher average price and shorter distances tend to bene t more from such commitment as well.
| Author | : Pietro De Giovanni |
| Publisher | : Taylor & Francis |
| Total Pages | : 159 |
| Release | : 2023-03-10 |
| Genre | : Business & Economics |
| ISBN | : 1000862399 |
Download Strategies for the Circular Economy Book in PDF, ePub and Kindle
This book illustrates two approaches for firms to shape successful circular strategies, namely, the Circular Economy and Circular Districts. The former considers firms’ challenges when turning theoretical circular models into practice. Thus, it discusses the opportunities and difficulties in reshaping corporate strategies by reflecting on circular economy principles. The latter approach plays a new role within the new economy systems and this book conceptualizes and operationalizes its definition. The circular district can represent an effective way to accelerate the energy transition process by developing industrial collaborations and exploiting technology synergies to enhance circularity and achieve economic, environmental, and social targets. The book highlights how firms should adjust their strategic thinking, redesign their network of relationships, and reconsider the value creation process when the circular economy is a concrete option. Furthermore, it examines the evolution from circular economy to circular districts by revealing the motivations that push firms and supply chains to redesign their strategies by considering the perspective of a circular district. The book ends by analyzing business experiences in these two areas and proposes advancements for both the scientific community and the business world. The book offers a blend of theoretical frameworks and practical applications and will be of particular interest to scholars in the fields of sustainable operations, closed-loop supply chain, green supply chain management, and circular supply chains. Also, the operationalization of the concept of circular districts, offers a genuine and original theoretical contribution, thus targeting students from Executive programs, MBA programs, and PhD programs. The book will also attract managers, practitioners and professionals interested in real-world cases and experiences as well as practical developments in the domain.
| Author | : Alexander Ovodenko |
| Publisher | : Oxford University Press |
| Total Pages | : 257 |
| Release | : 2017-08-15 |
| Genre | : Political Science |
| ISBN | : 0190677740 |
Download Regulating the Polluters Book in PDF, ePub and Kindle
National governments and private stakeholders have long recognized that protecting the global environment requires international cooperation. Climate change, tropical deforestation, biodiversity loss, ozone depletion, hazardous wastes, and ocean pollution are among several issues that have brought national governments together in common purpose. As they have worked to mitigate these global problems, governments have developed a wide variety of environmental regime designs. Some global environmental regimes are more institutionally integrated than others. Some regimes impose legally binding obligations on countries while others involve non-binding commitments. And some regimes involve global standards and rules while others leave national commitments up to countries' discretion. What explains the pattern of regime design in global environmental governance? Alexander Ovodenko demonstrates that national governments have developed different institutional responses to global issues because the markets producing environmental pollution impose varying constraints and create varying opportunities for governments. Contrary to the prevailing literature, governments are more inclined to impose stringent rules and regulations on oligopolistic industries than on competitive ones. The capital resources and innovation potential of oligopolistic businesses make them more cost-effective and economical in reducing pollution and meeting global standards than businesses in competitive industries. In global governance, oligopolistic businesses face a "double-edged sword" arising from their wealth and market concentrations. Regulating the Polluters inverts the literature on regulatory capture and collective action by presenting empirical evidence of the irony of market power in global environmental politics.
| Author | : |
| Publisher | : North Holland |
| Total Pages | : 632 |
| Release | : 2019-09-15 |
| Genre | : Business & Economics |
| ISBN | : 0444637591 |
Download Handbook of the Economics of Marketing Book in PDF, ePub and Kindle
Handbook of the Economics of Marketing, Volume One: Marketing and Economics mixes empirical work in industrial organization with quantitative marketing tools, presenting tactics that help researchers tackle problems with a balance of intuition and skepticism. It offers critical perspectives on theoretical work within economics, delivering a comprehensive, critical, up-to-date, and accessible review of the field that has always been missing. This literature summary of research at the intersection of economics and marketing is written by, and for, economists, and the book's authors share a belief in analytical and integrated approaches to marketing, emphasizing data-driven, result-oriented, pragmatic strategies. Helps academic and non-academic economists understand recent, rapid changes in the economics of marketing Designed for economists already convinced of the benefits of applying economics tools to marketing Written for those who wish to become quickly acquainted with the integration of marketing and economics
| Author | : Rob van Tulder |
| Publisher | : Emerald Group Publishing |
| Total Pages | : 441 |
| Release | : 2018-11-16 |
| Genre | : Business & Economics |
| ISBN | : 178756326X |
Download International Business in the Information and Digital Age Book in PDF, ePub and Kindle
The information and digital age is shaped by a small number of multinational enterprises from a limited number of countries. This volume covers the latest insight from the International Business discipline on prevailing trends in business model evolution. It also discusses critical issues of regulation in the new information and digital space.
| Author | : Elliot Bendoly |
| Publisher | : Oxford University Press, USA |
| Total Pages | : 441 |
| Release | : 2015 |
| Genre | : Business & Economics |
| ISBN | : 0199357226 |
Download The Handbook of Behavioral Operations Management Book in PDF, ePub and Kindle
This handbook provides easy to access insights into behavioral phenomena in production and service settings, ready-to-play games and activities for class settings, and applicable prescriptions for practice. The text serves a dual role as a desk/training reference to practitioners seeking to develop greater system understanding among their workers.
| Author | : Karen Donohue |
| Publisher | : John Wiley & Sons |
| Total Pages | : 631 |
| Release | : 2018-10-16 |
| Genre | : Business & Economics |
| ISBN | : 1119138310 |
Download The Handbook of Behavioral Operations Book in PDF, ePub and Kindle
A comprehensive review of behavioral operations management that puts the focus on new and trending research in the field The Handbook of Behavioral Operations offers a comprehensive resource that fills the gap in the behavioral operations management literature. This vital text highlights best practices in behavioral operations research and identifies the most current research directions and their applications. A volume in the Wiley Series in Operations Research and Management Science, this book contains contributions from an international panel of scholars from a wide variety of backgrounds who are conducting behavioral research. The handbook provides succinct tutorials on common methods used to conduct behavioral research, serves as a resource for current topics in behavioral operations research, and as a guide to the use of new research methods. The authors review the fundamental theories and offer frameworks from a psychological, systems dynamics, and behavioral economic standpoint. They provide a crucial grounding for behavioral operations as well as an entry point for new areas of behavioral research. The handbook also presents a variety of behavioral operations applications that focus on specific areas of study and includes a survey of current and future research needs. This important resource: Contains a summary of the methodological foundations and in-depth treatment of research best practices in behavioral research. Provides a comprehensive review of the research conducted over the past two decades in behavioral operations, including such classic topics as inventory management, supply chain contracting, forecasting, and competitive sourcing. Covers a wide-range of current topics and applications including supply chain risk, responsible and sustainable supply chain, health care operations, culture and trust. Connects existing bodies of behavioral operations literature with related fields, including psychology and economics. Provides a vision for future behavioral research in operations. Written for academicians within the operations management community as well as for behavioral researchers, The Handbook of Behavioral Operations offers a comprehensive resource for the study of how individuals make decisions in an operational context with contributions from experts in the field.
| Author | : Clare Lade |
| Publisher | : Goodfellow Publishers Ltd |
| Total Pages | : 237 |
| Release | : 2020-10-19 |
| Genre | : Business & Economics |
| ISBN | : 1911635247 |
Download International Tourism Futures Book in PDF, ePub and Kindle
Examines influential factors such as the demographic, political, economic and technological changes, which will affect the nature, trends and participation in tourism, hospitality and events. It discusses contemporary concepts associated with the tourism, hospitality and event sector, generating plausible ideas and identifying future trends.
| Author | : Paul Downward |
| Publisher | : SAGE |
| Total Pages | : 1077 |
| Release | : 2019-08-26 |
| Genre | : Business & Economics |
| ISBN | : 1526444518 |
Download The SAGE Handbook of Sports Economics Book in PDF, ePub and Kindle
Sports economics is a well-established and dynamic area of study; a key component in the fields of sport management, sport science and sport studies, as well as in other areas of economics, finance and management. Covering amateur to professional sports, individual events and organised tournaments, this Handbook provides an authoritative contribution to the understanding of sport in the economy. The editors of The SAGE Handbook of Sports Economics have brought together a global team of respected scholars to create this benchmark collection of insights into sports economics. Each chapter includes a study of a specific context in which issues arise in sports economics, a critical presentation of its main theoretical contributions, an overview of current research findings, and an outline of enquiry for future research. PART I: The Nature and Value of the Sports System and Economy PART II: Amateur Sports Participation, Supply and Impact PART III: Professional Team Sports PART IV: Professional Sports Leagues PART V: Sports Events and their Impacts PART VI: Individual Sports PART VII: Future Research
| Author | : Jyoti Choudrie |
| Publisher | : Springer Nature |
| Total Pages | : 647 |
| Release | : 2023-10-24 |
| Genre | : Technology & Engineering |
| ISBN | : 9819937582 |
Download ICT with Intelligent Applications Book in PDF, ePub and Kindle
This book gathers papers addressing state-of-the-art research in all areas of information and communication technologies and their applications in intelligent computing, cloud storage, data mining, and software analysis. It presents the outcomes of the Seventh International Conference on Information and Communication Technology for Intelligent Systems (ICTIS 2023), held in Ahmedabad, India. The book is divided into two volumes. It discusses the fundamentals of various data analysis techniques and algorithms, making it a valuable resource for researchers and practitioners alike.
