Showing 1 - 10 of 21
Persistent link: https://www.econbiz.de/10011304694
This paper investigates the questions of why carriers advocate for higher per-passenger airport charges and lower per-flight charges, and whether and when this proposal is welfare-enhancing. Specifically, the paper compares the optimal mix of per-flight and per-passenger based airport charges...
Persistent link: https://www.econbiz.de/10011189810
The share of revenues from airport concession services among airports worldwide has reached an average level of roughly 50% today. Since concessions may exert downward pressure on the private aeronautical charge, the question is whether price regulation of private airports has become obsolete....
Persistent link: https://www.econbiz.de/10010734003
This paper develops a two-period model with peak/off-peak demands that incorporates three types of passengers: (1) passengers who are scheduled for peak departure and depart during the peak period, (2) passengers who are scheduled for peak departure but depart during the off-peak period because...
Persistent link: https://www.econbiz.de/10010785256
This paper extends the literature on airport congestion pricing by allowing carriers to price-discriminate between the business and leisure passengers when operating costs are the same for all passengers. The main results are: First, the second-best discriminating business fare exceeds the...
Persistent link: https://www.econbiz.de/10010786530
This paper provides an interpretive review of recent research, concentrating on three areas where new and important insights have been derived during the last years. We present the main ideas in a general unifying framework—there is somewhat more emphasis on a unifying analytical structure, as...
Persistent link: https://www.econbiz.de/10011051532
Airlines frequently use code-share agreements allowing each other to market seats on flights operated by partner airlines. Regulation may allow code-share agreements with antitrust immunity (cooperative price setting), or without antitrust immunity, or not at all. I compare the relative welfare...
Persistent link: https://www.econbiz.de/10004988086
We consider a public and congested airport served by airlines that may have market power, and two types of travelers with different relative values of time. We find that in the absence of passenger-type-based price discrimination by airlines, it can be useful to increase the airport charge so as...
Persistent link: https://www.econbiz.de/10008868439
This paper is about single airports and airport networks. Linear and non-linear model specifications are applied to analyze the relative welfare effects of slots and congestion pricing under uncertainty. Uncertainty refers to passenger benefits and congestion costs. I show that, from a welfare...
Persistent link: https://www.econbiz.de/10008469854
Persistent link: https://www.econbiz.de/10011730447