Barbot, Cristina - Faculdade de Economia, Universidade do Porto - 2003
levels of welfare and is recommended on that basis. This price system is adopted by some airports in the EU, in order to … insight on the effects of both pricing systems on welfare. Within the framework of a vertical differentiation model, and using … welfare, although it is the system preferred by the airport and by the low quality firm. These results are opposite to …