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...

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...

Flight delays are a one of the most costly issues for the US air travel system. Currently, for all the local flights across the US, ~25% flights arrive more than 15 minutes later than scheduled. This leads to significant cost for airports, airlines and passengers. Here, we study one of the...