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This paper considers networks with two or three complementary airports. In each case, two airports independently choose between slot and pricing policies, where slot policies involve grandfather rules. We show that equilibrium policies involve slots when airport profits do not matter and pricing...
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This study considers a stylized airport network designed to clearly identify the role of local and non-local passengers for the assessment of local welfare-maximizing airport congestion policies. The analysis shows that the local welfare-maximizing slot quantity can coincide with the first-best...
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Airlines maintain complex networks that are to large extents complementary. Therefore, some passengers need to change aircraft and airlines to fly from their origin to their final destination. The present study captures pricing problems in terms of double marginalization but goes one step...
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The aviation industry doubles market size every 15 years. This growth is partly determined by changes in government regulations. The present chapter describes how the privatization and deregulation of airline markets has contributed to this development. First, we describe the historic...
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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...
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