congestion prices equal to the value of marginal travel delays a non-optimal response. This paper develops a model of airport …

This paper studies uniform-price auctions for multiple units of airport slots in which the airlines purchase slots for … take-off and landing at an airport. It considers strategic behavior on the part of bidding airlines and on the part of … airport authority, who acts as a seller and decides supply quantity after receiving the bid schedules from airlines. Airport …

We investigate the role of limited access to airport facilities as a determinant of the hub premium in the US airline … availability and control of airport gates, leasing arrangements, and other restrictions limiting the expansion of airport … relative to the number of departures out of an airport …

infrastructure licensing and the "natural monopoly" characteristics of some airport services, governments developed regulatory … policies for airport systems. The operation of an airport creates incentives to transfer the airport's market power to the air … transport market. If the airport market is regulated but the airport operator is allowed to control at least one airline, those …

This book offers new insights into the theory and practice of economic airport regulation. In light of recent … developments in aviation markets and policy, and the debate on airport regulation and benchmarking, it offers case studies on … America. This book is divided into three parts: Part I provides the theoretical background for the study of airport regulation …