Showing 1 - 10 of 2,259
This paper analyzes slot-based approaches to management of airport congestion, using a model where airlines are … asymmetric and internalize airport congestion. Under these circumstances, optimal congestion tolls differ across carriers, and … congestion) as fixed, and this difference can lead to an efficient outcome. …
Persistent link: https://www.econbiz.de/10010271849
related to the introduction of congestion policies, focusing on tradeable driving permits and congestion tolls. We have the … congestion policies welfare-reducing. Second, drivers will oppose the policies even when they receive all permits for free, or … political majority to support both congestion policies. Third, in an infinite horizon setting, tradable permits are superior to …
Persistent link: https://www.econbiz.de/10013250739
The goal of this paper is to bring some unity to the theoretical side of the debate on internalization of airport … congestion by showing that all the literature's theoretical results can be derived within one simple and unified framework. The … internalize congestion, they should be charged low congestion tolls. The analysis then validates the findings of Daniel (1995 …
Persistent link: https://www.econbiz.de/10010276976
We estimate the marginal external congestion cost of motor-vehicle travel for Rome, Italy, using a methodology that … accounts for hypercongestion (a situation where congestion decreases a road’s throughput). We show that the external cost â … hypercongested for more than one hour per day. Hypercongestion accounts for about 40 percent of congestion-related welfare losses …
Persistent link: https://www.econbiz.de/10012867018
Transport has significant externalities including carbon emissions and air pollution. Public health research has identified additional social gains from active travel, due to health benefits of physical exercise. Per mile, these benefits greatly exceed the external costs from car use. We...
Persistent link: https://www.econbiz.de/10012425668
This study calculates efficient taxes on gasoline and road use designed to combat driving related externalities when motorists avoid taxes due to an excessive economic driving-style. The efficient tax on gasoline is reduced below the Pigouvian rate due to such avoidance. The current US tax rate...
Persistent link: https://www.econbiz.de/10012844204
We examine how new airport infrastructure influences regional tourism. Identification is based on the conversion of a … military air base into a regional commercial airport in the German state of Bavaria. The new airport opened in 2007 and … new commercial airport increased tourism in the Allgäu region over the period 2008-2016. The positive effect is especially …
Persistent link: https://www.econbiz.de/10012844207
transmission system congestion to explore changes in ambient concentrations of air pollutants in the eastern United States …. Reducing electricity system congestion decreases ozone and PM2.5 concentrations in New England and New York and increases them … quantify the health impacts of changes in environmental pollution induced by a reduction in congestion and find overall health …
Persistent link: https://www.econbiz.de/10012825399
We investigate whether legacy U.S. airlines communicated via earnings calls to coordinate with other legacy airlines in offering fewer seats on competitive routes. To this end, we first use text analytics to build a novel dataset on communication among airlines about their capacity choices....
Persistent link: https://www.econbiz.de/10012840697
Convenient scheduling, characterized by adequate flight frequency, is the main quality attribute for airline services …. However, the effect of airline alliances on this important dimension of service quality has received almost no attention in … preferences in business and leisure markets, while an alliance is less responsive to such preference differences. With hub-airport …
Persistent link: https://www.econbiz.de/10012908676