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Problem definition: We consider a service system in which customers must travel to the queue to be served. In our base model, customers observe the queue length and then decide whether to travel. We also consider alternative information models and investigate how the availability of queue-length...
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This article demonstrates that a single-till hendpecks a dual-till regulation at non-congested airports concerning welfare maximization.
Persistent link: https://www.econbiz.de/10005847772
Vorliegende Studie analysiert die Vergabepraxis von Slots und erarbeitet Vorschläge, wie diese gerechter und effizienter verteilt werden könnten.
Persistent link: https://www.econbiz.de/10005847779
This paper deals with runway capacity. Focus is put on mechanisms which are efficient and straightforward to implement concering .
Persistent link: https://www.econbiz.de/10005847789
This paper takes up the debate whether price-cap regulation of airports should take the form of single-till or dual-till regulation. The contribution is to model single- and dual-till regulation, evaluate their welfare implications, and compare them to Ramsey prices. We show that the single-till...
Persistent link: https://www.econbiz.de/10010300536
It is widespread international practice that cargo liners meet at regular conferences to fix prices and quotas for individual routes. Presently, however, the respective European regulation granting liners an exemption from competition laws is under review. Liners claim that conferences are a...
Persistent link: https://www.econbiz.de/10010300538
Congestion has become a problem for many airports throughout the world. Two different policy options to control congestion are analyzed in this paper: slot constraints and congestion pricing. In particular, our model takes into account that the airline industry is characterized by significant...
Persistent link: https://www.econbiz.de/10010332992
This paper analyzes third-degree price discrimination of a monopoly airline in the presence of congestion externality when all markets are served. The model features the business-passenger and leisure-passenger markets where business passengers exhibit a higher time valuation, and a less...
Persistent link: https://www.econbiz.de/10010491369