This paper investigates the effects of different forms of price regulation on airport efficiency. Our investigation takes into account the interaction between concession profits and price regulations. Our results show that while ROR regulation may lead to over-investment in capacity, price-cap...

This paper studies airlines' choices of flight frequency and aircraft size when passenger demand grows over time. The analysis shows that, when there are economies of operating larger aircraft, airlines would increase the number of flights, but not necessarily increase aircraft size to...

This paper provides a comprehensive economic analysis of scheduling decisions in airline networks. Although it is widely believed that the growth of hub-and-spoke networks has raised flight frequencies, the only analysis of this question is contained in a recent paper by Berechman and Shy...

This paper examines the interaction between urban road congestion and competition between two seaports. We find that an increase in road capacity or increasing tolls by a chain may increase its port's profit and reduce the rival port's profit. As a consequence, roads are tolled above the...

This paper investigates the effects of congestion pricing implemented at a gateway (port or airport) on its hinterland's optimal road pricing, road congestion and social welfare. We find that if the gateway maximises the joint profit of itself and its oligopoly carriers, its charge will rise,...

This paper studies the competitive and welfare implications when an airport offers airlines the option of sharing its concession revenue. By studying a non-congested airport whose aeronautical charge is regulated, we find that revenue sharing allows the airport and airlines to internalise a...

This paper investigates the impact of economic regulation on transport infrastructure capacity and service quality. We find that for a monopoly profit-maximising infrastructure provider, its capacity is the largest under cost-based regulation, which is followed by rate-of-return regulation, no...