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congestion prices equal to the value of marginal travel delays a non-optimal response. This paper develops a model of airport …
Persistent link: https://www.econbiz.de/10011334350
Persistent link: https://www.econbiz.de/10009720698
This paper investigates the distributional impact of airport congestion pricing on commercial, commuter, miscellaneous …, and general aviation. It extends Daniel's (1995) stochastic bottleneck model in three significant directions by allowing … costs of queuing and schedule delays are estimated using data from Minneapolis-St. Paul airport. Simulations show …
Persistent link: https://www.econbiz.de/10014221894
This article investigates airline pricing and airport congestion charges in hub-spoke networks. When a public hub … airport and two public spoke (local) airports independently levy their charges, airlines will eventually set a ticket price … airports will always lead to more overcharge, whereas privatizing only the hub airport or all airports could result in lesser …
Persistent link: https://www.econbiz.de/10013119810
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 …
Persistent link: https://www.econbiz.de/10013090922
This paper investigates optimal airport pricing when airlines provide imperfect substitutes products, and make … and does not require leadership behavior. We also find that an airport requires two pricing instruments to achieve the …
Persistent link: https://www.econbiz.de/10013091922
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 … and whether the airport is a hub or slot coordinated). We discuss the implications of this choice of aircraft size and …
Persistent link: https://www.econbiz.de/10011350375
Airport congestion has been generally dealt in the literature in a similar fashion as road congestion. However, the … is linked to profit maximization decisions of airports and airlines. Moreover, airport congestion exhibits a cascade …, congestion costs depend on the time of the day which is studied. This paper analyzes airport congestion from this perspective …
Persistent link: https://www.econbiz.de/10014067045
Mexico City airport is limiting potential competition, with carriers being able to charge a significant price premium. This … suggests that the societal costs of airport congestion can go well beyond the negative congestion externality and should also …
Persistent link: https://www.econbiz.de/10013128852
This paper examines the relationship between the control of airport slots by major airlines and their incentives to … concentration through mergers aiming at erecting airport barriers to entry. We develop an econometric model of flight disruptions by …
Persistent link: https://www.econbiz.de/10012930555