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This paper analyzes pricing and slot-allocation mechanisms to manage airport capacity when profits are important to an airport, owing to budget constraints or profit maximization. We find that congestion pricing and slot trading/slot auctioning do not lead to the same results. Total traffic is...
Persistent link: https://www.econbiz.de/10008469856
This paper investigates the effects of congestion pricing implemented at a gateway (port or airport) on its hinterland's optimal road pricing, road congestion and social welfare. We find that if the gateway maximises the joint profit of itself and its oligopoly carriers, its charge will rise,...
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We investigate airport peak-load pricing using a vertical structure of airport and airlines. We find that a profit-maximizing airport would charge higher peak and off-peak runway prices and a higher peak/off-peak price differential than a public airport. Consequently, airport privatization would...
Persistent link: https://www.econbiz.de/10005609028
<title>Abstract</title> Many surveys have attempted to convey and synthesize the information of hundreds of studies on automobile fuel demand. In most cases, the focus has been placed in giving assessments of the most likely values of various elasticities, particularly price and income, while trying to explain...
Persistent link: https://www.econbiz.de/10010973342
In this journal, van Reeven (2008) develops a model aimed at showing that scale economies on users' time costs would not provide a justification for public transport subsidies. He claims that a profit-maximising operator allowed to take the demand effects of its pricing into account would offer...
Persistent link: https://www.econbiz.de/10010990164
This paper analyzes the efficiency of and the substitutability between three urban congestion management policies: transit subsidization, car congestion pricing, and dedicated bus lanes. The model features user heterogeneity, cross-congestion effects between cars and transit, intertemporal and...
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