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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...
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This paper analyzes e fficient pricing at a congested airport dominated by a single firm. Unlike much of the previous literature, we combine a dynamic (bottleneck) model of congestion and a vertical structure model that explicitly considers the role of airlines and passengers. We show that when...
Persistent link: https://www.econbiz.de/10013090922
This paper investigates optimal airport pricing when airlines provide imperfect substitutes products, and make decisions on capacity, scheduling and pricing. We show that the first-best toll per flight may be higher than the simple market-shares formula that were recently derived for Cournot...
Persistent link: https://www.econbiz.de/10013091922
We study bargained input prices where up and downstream firms can choose alternative vertical partners. We apply our model to bargained airport landing fees where a number of interesting policy questions have arisen. For example, what is the impact of joint ownership of airports? Does airline...
Persistent link: https://www.econbiz.de/10013068916
External productivity and utility effects of city airports, Regional Studies. This paper uses a micro-level data set for residential and commercial property transactions to investigate external utility and productivity effects for three (city) airports in Berlin, Germany, in a spatial hedonic...
Persistent link: https://www.econbiz.de/10012975694
The objective of this paper is to examine the conceptual framework under which business and general aviation has developed globally and the roadmap for its growth in India. It traces the growth of business and General Aviation (GA) in the United States of America (USA) and its use by various...
Persistent link: https://www.econbiz.de/10013053458
This dissertation consists of four related studies on the assessment of decentralized welfare-maximizing airport congestion policies involving (grandfathered) slot policy and pricing policy. Different demand structures and airport networks are considered in the presence of origin-destination...
Persistent link: https://www.econbiz.de/10013235431
While airport aeronautical charges are traditionally aircraft weight related, currently an increasing share of aeronautical airport revenues is derived from passenger related charges. This paper compares the optimal mix of per-passenger and per-flight based (cost recovering) airport charges from...
Persistent link: https://www.econbiz.de/10012982268