In this paper we simulate carriers' capacity allocation practices in order to investigate the role of fences and forecasting for maintaining high load factor levels and returns in oligopolistic airline markets. We analyse the case where firms apply a well-established revenue management...

This paper addresses how to regulate greenhouse gas emissions from the transport sector when abatement costs are uncertain. In an EU context, it is shown that a combination of a cap-and-trade system and emission taxes is preferable as it minimises the expected efficiency loss. The optimal design...

We estimate net benefits arising from extensions to Auckland's Northern Motorway since 1991. Population, employment and land values rose substantially near the new exits and to the north of the motorway extension, relative to developments elsewhere. We use changes in land values (controlling for...

The Landlord Port model is the dominant port model in larger and medium-sized ports. The potential advantage of this organisational system is that the vertical separation of port authority and service provision allows for competition between different service suppliers in a port. This paper...

This paper develops a simple theoretical model to analyse the effects of noise regulation on a monopoly airline's flight frequency, traffic volume, and aircraft 'quietness' choices. Two types of noise limit are considered: a cumulative limit on total noise at an airport and a limit on noise per...

The processes of vertical and horizontal separation within the railway sector are relatively recent in many European countries, and as a result, little analytical research has been carried out on their impact. The purpose of this paper is to analyse the effects of these organisational reforms on...

The paper investigates competition between the two incumbent legacy carriers on the New Zealand and Tasman routes, and the extent to which their pricing is constrained by new entry from a low cost carrier and a Fifth Freedom carrier. Price and other data on 1,001 flights on nineteen routes...

This paper develops a theory of consumer discrete choice and an empirical model for multi-class demand in the presence of capacity constraints. A key aspect of the proposed theory is that the probability of the availability of a discrete alternative may be manipulated by expending resources....