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literature, we combine a dynamic bottleneck model of congestion and a vertical structure model that explicitly considers the role …This paper analyzes efficient pricing at a congested airport dominated by a single firm. Unlike much of the previous … internalizes congestion, and that there are various toll regimes that induce the welfare maximizing outcome, widening the set of …
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airlines and airports provides some improvements, but the resulting airport pricing strategy leads to a downstream airline …It has been argued in the literature that privatized airports would charge more efficient congestion prices and would … and an airline oligopoly, to examine, both analytically and numerically, how deregulation may affect airports prices and …
Persistent link: https://www.econbiz.de/10012732035
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 … congestion) as fixed, and this difference can lead to an efficient outcome …
Persistent link: https://www.econbiz.de/10012771860
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 the carriers' and the social viewpoints when carrier markets are …
Persistent link: https://www.econbiz.de/10012982268
incidence violates traditional versions of the economic theory of regulation. Organized subgroups should be able to protect … principal reasons, one requiring a refinement of the theory. The first is that under regulation the incentives of both …. Political cohesion, and hence changes, become more difficult to achieve. The second reason and theory refinement is that rent …
Persistent link: https://www.econbiz.de/10012778192
airline industry, the demand for airport capacities normally is complementary. We show that this favors the use of slot …Congestion has become a problem for many airports throughout the world. Two different policy options to control … congestion are analyzed in this paper: slot constraints and congestion pricing. In particular, our model takes into account that …
Persistent link: https://www.econbiz.de/10009500552
congestion and delays are growing. Furthermore, demand for air transport is predicted to continue growing but aircraft size is … operate and the way airport capacity is allocated and priced. Regression analysis of over 500 routes in the US, Europe and ….g. distance, level of demand and level of competition) and almost not at all by airport characteristics (e.g. number of runways …
Persistent link: https://www.econbiz.de/10011350375