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This paper studies the regulation of an airline duopoly on a congested airport. Regulation should then address two market failures: uninternalized congestion, and overpricing due to market power. We find that first-best charges are differentiated over airlines if asymmetric, and completely drive...
Persistent link: https://www.econbiz.de/10011374411
This paper analyzes the relative economic power position of home carriers in hub-and-spoke systems. Hub-and-spoke systems may lower costs on densely traveled routes and enable economically viable operations on less densely traveled routes. The reverse side is probably that carriers enjoy...
Persistent link: https://www.econbiz.de/10011343301
The paper looks at the inclusion of international aviation in the EU emissions trading scheme from the perspective of … innovation. It argues that the initiative of the European Union to subject international aviation to the scheme has functioned as … a catalyst for green innovation in the sector. Green innovation in aviation has particularly manifested itself in the …
Persistent link: https://www.econbiz.de/10013099640
This paper studies the regulation of an airline duopoly on a congested airport. Regulation should then address two market failures: uninternalized congestion, and overpricing due to market power. We find that first-best charges are differentiated over airlines if asymmetric, and completely drive...
Persistent link: https://www.econbiz.de/10012724798
Persistent link: https://www.econbiz.de/10009715391
Persistent link: https://www.econbiz.de/10011546086
After the shipping industry it is now the turn of international civil aviation to be increasingly drawn into the North … established aviation countries. …
Persistent link: https://www.econbiz.de/10011553985
Persistent link: https://www.econbiz.de/10010400139
Persistent link: https://www.econbiz.de/10011384482
Persistent link: https://www.econbiz.de/10012652865