© 2007 LSE and the University of Bath

We study alternate approaches to implement congestion pricing at US airports. Conventional formulations toll all aircraft without determining whether a plane operated by a given airline delays other planes that it operates or planes operated by other airlines. Recent work points out optimal...

Southwest Airlines is frequently credited with having an important influence on the success of airline deregulation in the United States. This paper uses an original set of competition variables to estimate the extent of that influence in 1998. The estimated savings - due to actual, adjacent,...

The Federal Aviation Administration (FAA) seeks to prevent the nation's aviation system from becoming congested. To reduce delays, the FAA makes investments in air traffic control. We assess the efficacy of these investments by developing an empirical model of delays that is motivated by air...

This paper draws on a recent report from Copenhagen Economics, with which both authors were involved, to argue that the European airport market has changed such that airports are now subject to competitive constraints from a number of sources. While these will bite differentially according to...

The paper provides an overview of UK airports from the perspective of a business enterprise. Its object is to show, through the medium of the UK industry, that effective competition between airports is possible and that a competitive industry can be financially viable. In the UK case viability...

Michael Beesley (1999) was critical of the approach used in the UK to regulate its major airports. In the case of Heathrow, in particular, he argued that price-cap regulation was inappropriate. In this paper David Starkie, after examining some unusual economic characteristics of the airports...