This paper examines the joint impact that governance structure and economic regulation has on airport efficiency. The previous literature has focused on one or the other of these factors but not both. The empirical investigation uses a semi-parametric Bayesian distance stochastic frontier model,...

Dynamic patterns of prices in different markets may motivate (strategic) consumers, who could be monitoring price movements over time, to game vendors. Do past price movements carry information about the probability and magnitude of future price drops? Conducting empirical work in the airline...