IDEAS home Printed from https://ideas.repec.org/a/tpe/jtecpo/v46y2012i3p367-380.html
   My bibliography  Save this article

Why Regulate Airports? A Re-examination of the Rationale for Airport Regulation

Author

Listed:
  • Darryl Biggar

Abstract

What is the primary rationale for the regulation of airport take-off and landing charges? The conventional economic response focuses on the potential to exercise market power, resulting in the economic harm known as deadweight loss. But this conventional view does a poor job of explaining the observed actions of regulators and the concerns of airport users. In this paper, I argue that the primary rationale for regulation of airports is not the minimisation of deadweight loss, but the protection and promotion of sunk complementary investments by airport users. This approach explains the key patterns of airport regulation that we observe in practice. © 2012 LSE and the University of Bath

Suggested Citation

  • Darryl Biggar, 2012. "Why Regulate Airports? A Re-examination of the Rationale for Airport Regulation," Journal of Transport Economics and Policy, University of Bath, vol. 46(3), pages 367-380, September.
  • Handle: RePEc:tpe:jtecpo:v:46:y:2012:i:3:p:367-380
    as

    Download full text from publisher

    File URL: http://www.catchword.com/cgi-bin/cgi?ini=bc&body=linker&reqidx=0022-5258(20120901)46:3L.367;1-
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:eee:trapol:v:59:y:2017:i:c:p:28-37 is not listed on IDEAS

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tpe:jtecpo:v:46:y:2012:i:3:p:367-380. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum). General contact details of provider: http://www.bath.ac.uk/e-journals/jtep .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.