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limiting market power. We focus on auctions that allocate airport arrival and departure slots. We propose a continuous model … network or airport will become congested as the number of users increase so that a permit for use becomes more valuable as the … total number allocated decreases. A quantity-contingent auction determines both the number of items sold and an allocation …
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world. The direct impact of the air transport sector to Philippine GDP may appear small at 0.61 percent in 2019; but its …
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paper advocates the use of market mechanisms, specifically slot auctions, to promote efficient usage of airport capacity …, reduce airport delays, and, more generally, promote competition …With the clamor rising over airport delays and with both the Congress and the Administration considering remedies, this …
Persistent link: https://www.econbiz.de/10014048276
-discriminatory access to complementary monopolistic airport infrastructures must be guaranteed. In par-ticular, the evolution of market … driven slot allocation and the role of airport regulation is analyzed. Finally, the issue of airport subsidies is taken into … chain is analyzed. For competition on air transport markets and groundhandling services to operate efficiently, non …
Persistent link: https://www.econbiz.de/10009745312
This paper studies uniform-price auctions for multiple units of airport slots in which the airlines purchase slots for … take-off and landing at an airport. It considers strategic behavior on the part of bidding airlines and on the part of … airport authority, who acts as a seller and decides supply quantity after receiving the bid schedules from airlines. Airport …
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. The reverse side is probably that carriers enjoy significant market power at their home base, often labeled the home …
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