Private and public airports' optimal actions may not coincide. While private airports usually pursue profit maximization, publicly owned airports look for maximum social welfare. Thus, the prices charged by private airports may differ from the socially optimal charges and public intervention may...

This paper develops a game theoretic model that analyzes the competition for hub location when airlines operate in deregulated intercontinental markets. The whole process is viewed as a dynamic game of complete information played in two stages: location and competition. In the location stage,...

In this paper, we examine different model specifications to detect the presence of preference heterogeneity in an airline choice context. We analyze the most important route connecting the Canary Islands archipelago with the Iberian Peninsula. For this purpose, we conduct a stated preference...