Evaluating the potential impact of alternative airport pricing approaches on social welfare
Ching-Chyuan Lu and
Romano I. Pagliari
Transportation Research Part E: Logistics and Transportation Review, 2004, vol. 40, issue 1, 1-17
Abstract:
Existing approaches to the economic regulation of airports are currently under (or just completed) review in the UK and New Zealand. One of the most critical issues facing policy-makers is whether it is preferable to adopt a single-till or dual-till approach. This paper aims to analyse the potential loss of social welfare as a result of adopting a single/dual-till approach in three airport pricing scenarios. The results show that the dual-till approach is desirable when aeronautical capacity is fully utilised or already over-utilised, while the single-till approach is preferable where excess capacity exists.
Keywords: Airport; pricing; approach; Single-till; Dual-till; Social; welfare (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:40:y:2004:i:1:p:1-17
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