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This discussion paper resulted in a publication in the <A href="http://www.sciencedirect.com/science/article/pii/S0094119013000594"><I>Journal of Urban Economics</I></A>, 2014, 13-27.<P> This paper analyzes efficient 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...</p></i></a>
Persistent link: https://www.econbiz.de/10011255589
Various contributions to the recent literature on congestion pricing have demonstrated that when services at a congestible facility are provided by operators with market power, the case in point often being a few airlines jointly using a congested airport, optimal congestion pricing rules...
Persistent link: https://www.econbiz.de/10011255746
This paper investigates optimal airport pricing when airlines provide imperfect substitutes products, and make decisions on capacity, scheduling and pricing. We show that the first-best toll per flight may be higher than the simple market-shares formulae that were recently derived for Cournot...
Persistent link: https://www.econbiz.de/10011256199