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I need help!! I'm doing my Extended Essay in Economics and I chose to do it on the airline industry. I wanted to do it about price discrimination and how a specific airline uses it (How does TAP use (third degree) price discrimination in order to increase revenue?) I talked about when you book you're flights and such but my teacher said I wouldn't find enough info on it.. Also, I am now realising how hard it actually to research on this because all of the information I can find is too broad and general to all airlines. She told me I should do it on market structures, something along the lines of "To what extent is the market for Lisbon to London flights an oligopoly?" Does anyone know how I can find information on this kind of thing?? How can I research stuff on market power and such= I have a draft due in a week and I'm starting to panic. Thanks guys
Hello all, I am entering my final year in the IB diploma and have chosen to complete my extended essay about oligopolistic pricing and interdependent behaviour with respect to prices in the UAE (where I currently live) international airline industry. This is data I have collected over the past month, consisting of prices of flights with the two largest airlines to nine different destinations, however I am struggling to analyse the data with consideration of the theory of interdependent pricing. It would be greatly appreciated if someone could enlighten me with methods of analyzing such data or make any conclusions based off of it. For those concerned, my research question is: To what extent does the commercial airline industry in the UAE exhibit interdependent behaviour with respect to prices? Thank you in advance, Ben. data.docx