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Displaying results 1 to 3 of 3.

  1. Market fragmentation
    Author: Chen, Daniel; Duffie, Darrell
    Published: March 2020
    Publisher:  National Bureau of Economic Research, Cambridge, MA

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1 (26828)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Working paper series / National Bureau of Economic Research ; 26828
    Subjects: Marktsegmentierung; Allokationseffizienz
    Scope: 59 Seiten, Illustrationen
    Notes:

    Erscheint auch als Online-Ausgabe
  2. Industry structure, segmentation and competition in the U.S. hotel industry
    Author: Butters, R. Andrew; Hubbard, Thomas N.
    Published: [2020]
    Publisher:  [Northwestern University, Weinberg College of Arts & Sciences, Center for the Study of Industrial Organization], [Evanston, IL]

    This paper investigates how increases in concentration can be interrupted or reversed by changes in how firms compete on quality. We examine the U.S. hotel industry during the past half century. We document that starting in the early 1980s, quality... more

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 74
    Inter-library loan:
    No inter-library loan

     

    This paper investigates how increases in concentration can be interrupted or reversed by changes in how firms compete on quality. We examine the U.S. hotel industry during the past half century. We document that starting in the early 1980s, quality competition came more in the form of costs that vary with hotel size, and less in the form of costs that are fixed with hotel size, particularly for business travelers. We then show that, consistent with Sutton (1991), industry structure has evolved differently since then in areas that are business travel versus personal travel destinations. Demand increases have been associated with more, but smaller, hotels in business travel destinations. In contrast, the growth in the number of hotels is much smaller, and the growth in average hotel size is much greater, in personal travel destinations. We provide evidence that this change reflects the emergence of two new classes of hotels - limited service and all-suites hotels - that did not exist before the early 1980s. These entrants - many of which had high quality rooms but which had limited out-of-room amenities - had a narrower competitive impact on other hotels than did the entrants of the 1960s and 1970s, which competed more on out-of-the-room amenities, and this led the industry structure to evolve differently.

     
    Export to reference management software   RIS file
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/274039
    Series: [CSIO working paper ; #0148]
    Subjects: Hotellerie; Wirtschaftsstruktur; Wettbewerb; Dienstleistungsqualität; Marktsegmentierung; USA
    Scope: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  3. Determinanten der Krankenhaus-Wahl
    : grundlage eines Zielorientierten Krankenhaus-Marketing
    Author: Tscheulin, Dieter K.; Helmig, Bernd; Moog, Ralph
    Published: 2020
    Publisher:  Universität, Freiburg