Showing 1 - 10 of 110
This paper analyzes third-degree price discrimination of a monopoly airline in the presence of congestion externality when all markets are served. The model features the business-passenger and leisure-passenger markets where business passengers exhibit a higher time valuation, and a less...
Persistent link: https://www.econbiz.de/10011257630
This paper investigates the questions of why carriers advocate for higher per-passenger airport charges and lower per-flight charges, and whether and when this proposal is welfare-enhancing. Specifically, the paper compares the optimal mix of per-flight and per-passenger based airport charges...
Persistent link: https://www.econbiz.de/10011189810
This paper develops a two-period model with peak/off-peak demands that incorporates three types of passengers: (1) passengers who are scheduled for peak departure and depart during the peak period, (2) passengers who are scheduled for peak departure but depart during the off-peak period because...
Persistent link: https://www.econbiz.de/10010785256
This paper extends the literature on airport congestion pricing by allowing carriers to price-discriminate between the business and leisure passengers when operating costs are the same for all passengers. The main results are: First, the second-best discriminating business fare exceeds the...
Persistent link: https://www.econbiz.de/10010786530
This paper provides an interpretive review of recent research, concentrating on three areas where new and important insights have been derived during the last years. We present the main ideas in a general unifying framework—there is somewhat more emphasis on a unifying analytical structure, as...
Persistent link: https://www.econbiz.de/10011051532
We consider a public and congested airport served by airlines that may have market power, and two types of travelers with different relative values of time. We find that in the absence of passenger-type-based price discrimination by airlines, it can be useful to increase the airport charge so as...
Persistent link: https://www.econbiz.de/10008868439
Many firms offer “core” and “side” goods in the sense that side-good consumption is conditional on core-good consumption. Airports are a common example where the supply of runway and terminal capacity is the core good and the supply of various concession services (for example, car rental...
Persistent link: https://www.econbiz.de/10011256273
This paper examines the effect of the change of state shares in a state-owned enterprise (SOE) on the efficiency of the whole society and the payoff of the government. This issue is addressed by setting up a mixed oligopolistic competition model and dividing the analysis into two cases: closed...
Persistent link: https://www.econbiz.de/10010944949
Private operation of port facilities is becoming increasingly common worldwide. We investigate the effect of port privatization in a setting with two ports located in different countries, each serving their home market but also competing for the transshipment traffic from a third region. Each...
Persistent link: https://www.econbiz.de/10011117271
Private operation of port facilities is becoming increasingly common worldwide and many governments consider the privatization of public ports as a policy option. We investigate the effect of port privatization in a setting with two ports located in different countries, serving their home market...
Persistent link: https://www.econbiz.de/10010991526