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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/10010326295
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 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/10010257502
Persistent link: https://www.econbiz.de/10009720698