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We develop a two-stage game in which competing airlines first choose the networks of markets to serve in the first stage before competing in price in the second stage. Spillovers in entry decisions across markets are allowed, which accrue on the demand, marginal cost, and fixed cost sides. We...
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Until now, most of the growing climate legal litigations mainly concern environmental associations or victims against energy of energy-users firms or States. However, in a near future, because of exacerbating sudden floods linked to climate change, future litigations could (will) concern...
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Hartsfield-Jackson Atlanta International Airport. We find that proximity to the Atlanta airport is related positively to housing … prices and that airport-related noise is associated with lower prices. Relative to this latter result, estimates are … reflects the limitations of the underlying noise contours. Over time, houses in the neighborhoods near the airport have been …
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with changes in probabilities of airport noise, in Atlanta, during 2003 and 2012. We estimate ordered probit and locally …
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The closing of a busy airport has large effects on noise and economic activity. We examine the effects of Stapleton … airport's closing on nearby, Denver housing markets. We find evidence of immediate anticipatory effects on prices upon … income and white households delayed moving into these locations until after the airport's closing. Also, developers upgraded …
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