This study empirically explores welfare effects associated with bilateral airline liberalisation on European interstate routes. To this end, a sample of 34 routes with varying liberalisation status has been investigated econometrically for the period 1988 to 1992. The estimated fare and...

The present paper investigates the choice of route network, frequencies and ticket prices in air transport networks served by oligopolists. The paper describes these choices in a simple airline network by means of a simulation model. Airline competition is modeled as a 2 stage game: airlines...

The 'market internal' effects of airline deregulation have amply been analysed in the literature. The economic evaluation of this policy change has generally shown favourable outcomes in terms of consumer welfare. These welfare effects may be termed market internal effects, as they reflect the...

This paper reviews the problem of environmental externalities in air transportation. Several types of externalities in aviation are discussed and their empirical relevance is assessed. Next, it is argued that economic evaluation of environmental effects is essential in order to arrive at an...

Placing a monetary value on aircraft noise is necessary in order to assess the social cost inflicted by aviation. This need has given rise to a considerable amount of hedonic price (HP) studies on the relation between property values and aircraft noise, both published and unpublished. The...

This paper deals with the issue of regulatory reform in the airline industry, in connection with environmental externalities. Deregulation has led to shorter routes, higher frequencies, probably larger aircraft sizes and more intense peak traffic at airports. In addition, deregulation has led to...