Using a general-equilibrium model that includes consumers, airlines, and an airport with both aeronautical service and non-aeronautical service, this paper investigates the airport's decisions on its aeronautical charge and capacity, as well as the size of its non-aeronautical service. In...

This paper examines forms of airport regulation and privatization, taking into account of behavior of public administration and both the aeronautical and non-aeronautical services. We find that with higher costs associated with public operations, a public airport cannot be identified as a...

This paper analyzes single-till and dual-till regulations in terms of social welfare. We clarify two conditions to determine which regulation yields a higher welfare. The first condition is whether the solutions under welfare maximization yield positive or negative regulatory profits. The second...

In the traditional analysis of airports, non-aeronautical service is not the main focus. Given its growing importance, recent airport literature has investigated the impact of non-aeronautical service comprehensively. The main purpose of this article is, by referring to recent literature, to...