thomsonb16

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