Showing 1 - 10 of 2,657
Persistent link: https://www.econbiz.de/10001196609
This paper has a twofold objective. First, we develop a new method toassess the monetary value for individuals of external effects (viz., aircraftnoise nuisance) which are not or only partly internalized in market prices. The method makes use of an ordinal index of life satisfaction as scored by...
Persistent link: https://www.econbiz.de/10010324511
In the paper a nested logit model is used to describe passenger preferencesconcerning airports and airlines. A statistical model for the passengers'sequential choice of airport and airline is calibrated. It appears that thechoice sequence first airport, then airline is statistically preferable...
Persistent link: https://www.econbiz.de/10010324518
In this paper a model, based on the nested multinomial logit model, is used to analyze airport competition and airline competition in a multiple airport region. It is shown that if the frequency elasticity of demand is smaller than 1, airfare-frequency and airport tax equilibria exist and are...
Persistent link: https://www.econbiz.de/10010324552
Conventional economic wisdom suggests that congestion pricing would be an appropriate response to cope with the growing congestion levels currently experienced at many airports. Several characteristics of aviation markets, however, may make naive congestion prices equal to the value of marginal...
Persistent link: https://www.econbiz.de/10010324830
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/10010325819
Airline rescheduling is a relatively new field in airline Operations Research but increasing amounts of traffic will make disturbances to the original schedule more frequent and more severe, and thus the need to address the various problems arising from this situation with systematic,...
Persistent link: https://www.econbiz.de/10011558794
This paper surveys a large variety of mathematical models and up-to-date solution techniques developed for solving a general flight gate scheduling problem that deals with assigning different aircraft activities (arrival, departure and intermediate parking) to distinct aircraft stands or gates....
Persistent link: https://www.econbiz.de/10011558797
In this paper we adopt a vertical differentiation model to study the effect of deregulation in the airline industry. In particular, we focus on the entry of low cost companies, which succeed in providing essential flight services at relatively cheap prices. We argue that the entry of very...
Persistent link: https://www.econbiz.de/10011651468
This paper analyzes slot-based approaches to management of airport congestion, using a model where airlines are asymmetric and internalize airport congestion. Under these circumstances, optimal congestion tolls differ across carriers, and since a slot-sale regime (with its uniform slot price)...
Persistent link: https://www.econbiz.de/10010271849