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Published in 2022 at "International Journal of Hospitality Management"
DOI: 10.1016/j.ijhm.2022.103169
Abstract: COVID-19-induced travel restrictions have led to a sharp drop in Airbnb bookings. Confronted with a decrease in demand, hosts have implemented heterogeneous price responses. This study evaluates the different price adjustments developed by professional and…
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Keywords:
price;
price adjustments;
heterogeneous price;
adjustments among ... See more keywords
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Published in 2017 at "International Journal of Industrial Organization"
DOI: 10.1016/j.ijindorg.2016.11.003
Abstract: Using a model of dynamic price competition, we provide an explanation from the supply side for the well-established observation that output prices react faster in response to input cost increases than to decreases. When costs…
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Keywords:
side approach;
supply side;
asymmetric price;
price ... See more keywords