The Organisation of Multiple Airports in a Metropolitan Area
AbstractThis study deals with the allocation of international and domestic flights (allocation of services) among multiple airports in a metropolitan area. We examine three types of airport operation: 1. separate operation by two private firms (PP); 2. integrated operation by a single private firm (M); and 3. integrated operation by the government (G). By means of numerical simulations, we obtain the following results: (a) the allocation of services varies with the location of airports and types of operation; (b) the welfare gain of the service choice regulation is quantitatively small compared with the airport charge regulation. © 2012 LSE and the University of Bath
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Bibliographic InfoArticle provided by London School of Economics and University of Bath in its journal Journal of Transport Economics and Policy (JTEP).
Volume (Year): 46 (2012)
Issue (Month): 2 (May)
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Web page: http://www.bath.ac.uk/e-journals/jtep
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