Showing 1 - 10 of 36
This paper reviews the economic literature relating to aviation safety; analyzes the safety record of commercial passenger aviation in the United States and abroad; examines aviation security as a growing dimension of aviation safety; and identifies emerging issues in airline safety and challenges...
Persistent link: https://www.econbiz.de/10010868650
We investigate the sustainability of vertical contracts between airports and airlines. We focus on the case of Quantity Forcing contracts, with a theoretical model that accommodates changes to the contracts' clauses or environments in a two period game, since contracts often include clauses that...
Persistent link: https://www.econbiz.de/10010930571
Past research on the allocation of factor inputs for the airline industry suggests an overutilization of labor relative to other inputs immediately following deregulation. This study argues rigid work rules in conjunction with productivity improvements of nonlabor inputs may create an incentive...
Persistent link: https://www.econbiz.de/10010930573
By adding fuel surcharges to base fares, airlines pass on the impact of higher jet fuel prices to consumers. Given the wide range of design options for fuel surcharge schemes, the reduced price transparency and the question of fair cost recovery, fuel surcharges have become a consumer protection...
Persistent link: https://www.econbiz.de/10010930574
Ramsey pricing is considered to be a quasi-optimum pricing scheme designed for a multiproduct natural monopolist. Ramsey prices are optimal for airports with cost recovery problems, but are inefficient for busy airports. If so then it is interesting to check if current charges are close to the...
Persistent link: https://www.econbiz.de/10010930575
The article first reviews the charge scheme used to finance the airport infrastructure in Norway. Then an econometric approach is taken using empirical data for production and costs from 2007 to 2009 in order to derive long-run marginal costs for passengers and air traffic movements at Norwegian...
Persistent link: https://www.econbiz.de/10011039300
From a theoretical prospective, marginal costs are one of the main determinants of pricing policy. However, their complexity and to some extend the artificiality of marginal costs makes the concept very unpopular among practitioners, also in the aviation industry. Nevertheless, in this paper we...
Persistent link: https://www.econbiz.de/10011039315
We use the Vickrey–Clarke–Groves auction mechanism to propose a system of primary auctions of slots at congested European airports. The system would ensure allocative efficiency and would be incentive-compatible, flexible, understandable, implementable and transparent. Only 10% of slots...
Persistent link: https://www.econbiz.de/10010930570
This paper reviews theoretical issues surrounding transport safety modeling and the implications for road safety policy. The behavioral mechanisms that affect transport safety are typically not considered in safety modeling. These issues are discussed in the context of trade-offs between...
Persistent link: https://www.econbiz.de/10010868655
Due to the importance of drayage operations, operators at marine container terminals are increasingly looking to reduce the time a truck spends at the terminal to complete a transaction. This study introduces an agent-based approach to model yard cranes for the analysis of truck turn time. The...
Persistent link: https://www.econbiz.de/10010868657