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Charges of uncongested German airports: Do they follow Ramsey pricing scheme?

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  • Hakimov, Rustamdjan
  • Mueller, Juergen

Abstract

Ramsey pricing is considered to be a quasi-optimum pricing scheme designed for a multiproduct natural monopolist. Ramsey prices are optimal for airports with cost recovery problems, but are inefficient for busy airports. If so then it is interesting to check if current charges are close to the optimal one, and if not then why and by how much do they differ?

Suggested Citation

  • Hakimov, Rustamdjan & Mueller, Juergen, 2014. "Charges of uncongested German airports: Do they follow Ramsey pricing scheme?," Research in Transportation Economics, Elsevier, vol. 45(C), pages 57-65.
    • Handle: RePEc:eee:retrec:v:45:y:2014:i:c:p:57-65
    DOI: 10.1016/j.retrec.2014.07.008
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    References listed on IDEAS

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    1. Brueckner, Jan K. & Van Dender, Kurt, 2008. "Atomistic congestion tolls at concentrated airports? Seeking a unified view in the internalization debate," Journal of Urban Economics, Elsevier, vol. 64(2), pages 288-295, September.
    2. Baumol, William J & Bradford, David F, 1970. "Optimal Departures from Marginal Cost Pricing," American Economic Review, American Economic Association, vol. 60(3), pages 265-283, June.
    3. Friedrich Gröteke & Wolfgang Kerber, 2004. "The Case of Ryanair – EU State Aid Policy on the Wrong Runway," Marburg Working Papers on Economics 200413, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    4. Martín-Cejas, Roberto Rendeiro, 1997. "Airport pricing systems in europe and an application of Ramsey pricing to Spanish airports," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 33(4), pages 321-327, December.
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    Cited by:

    1. Bigerna, Simona & Bollino, Carlo Andrea, 2016. "Ramsey prices in the Italian electricity market," Energy Policy, Elsevier, vol. 88(C), pages 603-612.
    2. Saremi, Maryam & Fallahi, Firouz & Pels, Eric & Salmani, Behzad & Covich, Mohsen Pourebadollahan, 2021. "Ramsey pricing of aircraft landing fees: A case study of Iranian airports," Research in Transportation Economics, Elsevier, vol. 90(C).
    3. Atalla, Tarek & Bigerna, Simona & Bollino, Carlo Andrea & Polinori, Paolo, 2018. "An alternative assessment of global climate policies," Journal of Policy Modeling, Elsevier, vol. 40(6), pages 1272-1289.

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    More about this item

    Keywords

    Airports; Charges; Ramsey pricing;
    All these keywords.

    JEL classification:

    • D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation

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