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Airport Capacity Allocation with Network Airlines
Series
CFAC-Schriften zur Luftfahrt
ISBN
978-3-03751-874-8
Type
book
Date Issued
2017
Author(s)
Noto, Claudio
Editor(s)
Abstract
This study provides a theoretical framework to investigate the efficiency of different airport capacity allocation schemes under congestion externalities and imperfect competition. Its innovation is to consider an asymmetric market structure featuring a single dominant network carrier at its hub airport that endogenously differentiates its flights based on passenger benefits from network density. Based on a partial equilibrium analysis of the generic model, the investigation qualitatively evaluates the ambiguities on allocation efficiency, which arise with capacity allocation in a market that faces multiple distortions. In addition, a quantitative simulation comprehensively illustrates the market structures of the model, as well as selected outcomes concerning the allocation instruments. At the end, a brief summary helps to quickly access the main lessons of the extensive investigation; moreover, the conclusions are extended into implications for practice, which may be interesting for regulators, policymakers, and airline managers likewise.
Language
English
HSG Classification
contribution to scientific community
HSG Profile Area
LS - Business Enterprise - Law, Innovation and Risk
Publisher
DIKE
Publisher place
Zürich/St.Gallen
Volume
Band 12
Pages
291
Subject(s)
Eprints ID
252242