Competition for scarce inputs: the case of airport takeoff and landing slots
An analysis of competition for scarce inputs, describing the outcome of an auction of takeoff and landing slots between two airline carriers and the possible outcomes from a merger or takeover wave. The results suggest that the concern over monopolization of airports may be misplaced.
Volume (Year): (1994)
Issue (Month): Q II ()
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- Krishna, K., 1990.
"Auctions with Endogenous Valuations: The Persistence of Monopoly Revisited,"
472, Stockholm - International Economic Studies.
- Krishna, Kala, 1993. "Auctions with Endogenous Valuations: The Persistence of Monopoly Revisited," American Economic Review, American Economic Association, vol. 83(1), pages 147-160, March.
- Borenstein, S., 1991.
"The Evolution of U.S. Airline Competition,"
389, California Davis - Institute of Governmental Affairs.
- Gale, I.L. & Stegeman, M., 1993. "Sequential Auction of Endogenously Valued Objects," Working papers 9318, Wisconsin Madison - Social Systems.
- McAfee, R Preston & McMillan, John, 1987. "Auctions and Bidding," Journal of Economic Literature, American Economic Association, vol. 25(2), pages 699-738, June.
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