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We analyze the behavior of airlines in terms of route structure choice using a differentiated duopoly model that accounts for congestion externalities, passenger benefits from increased frequency, passenger connecting costs and airline endogenous hub location. We also examine the route structure...
Persistent link: https://www.econbiz.de/10010907087
This paper investigates and compares airport pricing policies under various types of competition, considering both per-passenger and per-flight charges at congested airports. We show that an airport requires both pricing instruments to achieve the first-best outcome, and we distinguish their...
Persistent link: https://www.econbiz.de/10010703156
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 structure model that explicitly considers the role of airlines and passengers. We show that a...
Persistent link: https://www.econbiz.de/10010753565
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
Persistent link: https://www.econbiz.de/10010186356
This paper analyzes the efficiency of and the substitutability between three urban congestion management policies: transit subsidization, car congestion pricing, and dedicated bus lanes. The model features user heterogeneity, cross-congestion effects between cars and transit, intertemporal and...
Persistent link: https://www.econbiz.de/10011014386
Persistent link: https://www.econbiz.de/10005394758
A sustainable development has become an important policy aim in many countries. This concept is recently fine-tuned towards clearly demarcated economic sectors, such as the transport sector. This article is about sustainable transport or mobility. A review is presented of various aspects that...
Persistent link: https://www.econbiz.de/10005451395