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operate and the way airport capacity is allocated and priced. Regression analysis of over 500 routes in the US, Europe and ….g. distance, level of demand and level of competition) and almost not at all by airport characteristics (e.g. number of runways … and whether the airport is a hub or slot coordinated). We discuss the implications of this choice of aircraft size and …
Persistent link: https://www.econbiz.de/10011350375
’ home addresses to measure airport proximity, we find the risk of low birth weight babies increases by 17 percent among … mothers living near the airport in the direction of the runway. We utilize exogenous variation in noise exposure triggered by …
Persistent link: https://www.econbiz.de/10012110475
The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be … theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …, with the tolls being inversely related to a carrier s airport flight share. Internalization of airport congestion is the …
Persistent link: https://www.econbiz.de/10011410457
In this paper a model, based on the nested multinomial logit model, is used to analyze airport competition and airline … competition in a multiple airport region. It is shown that if the frequency elasticity of demand is smaller than 1, airfare …-frequency and airport tax equilibria exist and are unique.Symmetric equilibria are derived analytically and their properties are …
Persistent link: https://www.econbiz.de/10011299989
This paper analyzes the relative economic power position of home carriers in hub-and-spoke systems. Hub-and-spoke systems may lower costs on densely traveled routes and enable economically viable operations on less densely traveled routes. The reverse side is probably that carriers enjoy...
Persistent link: https://www.econbiz.de/10011343301
statistical model for the passengers'sequential choice of airport and airline is calibrated. It appears that thechoice sequence … first airport, then airline is statistically preferable to thereversed choice sequence. Frequency, the average number of … seats offered by anairline and access time to the airport are all significant. Separate models areestimated for business and …
Persistent link: https://www.econbiz.de/10011284098
congestion prices equal to the value of marginal travel delays a non-optimal response. This paper develops a model of airport …
Persistent link: https://www.econbiz.de/10011327544
This paper provides the first analysis of the trade-off between convenient flight connections and airport congestion. A …
Persistent link: https://www.econbiz.de/10011334230
congestion prices equal to the value of marginal travel delays a non-optimal response. This paper develops a model of airport …
Persistent link: https://www.econbiz.de/10011334350
This paper studies the regulation of an airline duopoly on a congested airport. Regulation should then address two …
Persistent link: https://www.econbiz.de/10011374411