This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Atomistic congestion tolls at concentrated airports? Seeking a unified view in the internalization debate

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Brueckner, Jan K.
Van Dender, Kurt
Abstract

The goal of this paper is to bring some unity to the theoretical side of the debate on internalization of airport congestion by showing that all the literature's theoretical results can be derived within one simple and unified framework. The analysis starts by replicating the results of Brueckner [Brueckner, J.K., 2002. Airport congestion when carriers have market power. American Economic Review 92, 1357-1375], who showed that, because airlines behaving in Cournot fashion internalize congestion, they should be charged low congestion tolls. The analysis then validates the findings of Daniel [Daniel, J.I., 1995. Congestion pricing and capacity of large hub airports: A bottleneck model with stochastic queues. Econometrica 63, 327-370], who argued that larger atomistic tolls are required in a model where a Stackelberg leader interacts with competitive fringe airlines. However, it is shown that this result only holds approximately when the carriers' outputs are imperfect substitutes.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.sciencedirect.com/science/article/B6WMG-4RV17FR-1/2/a75203a9751c30c67c4a8c4fe668846d
File Format:
File Function:
Download Restriction: Full text for ScienceDirect subscribers only

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by Elsevier in its journal Journal of Urban Economics.

Volume (Year): 64 (2008)
Issue (Month): 2 (September)
Pages: 288-295
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:eee:juecon:v:64:y:2008:i:2:p:288-295

Contact details of provider:
Web page: http://www.elsevier.com/locate/inca/622905

For technical questions regarding this item, or to correct its listing, contact: (Heidi Boesdal).

Related research
Keywords:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Jan K. Brueckner & Erik T. Verhoef, 2009. "Manipulable Congestion Tolls," Tinbergen Institute Discussion Papers 09-009/3, Tinbergen Institute. [Downloadable!]
    Other versions:
  2. Joseph I. Daniel, 2009. "The Deterministic Bottleneck Model with Non-Atomistic Traffic," Working Papers 09-08, University of Delaware, Department of Economics. [Downloadable!]
  3. Erik T. Verhoef, 2008. "Congestion Pricing, Slot Sales and Slot Trading in Aviation," Tinbergen Institute Discussion Papers 08-030/3, Tinbergen Institute. [Downloadable!]
  4. Joseph I. Daniel, 2009. "Pricing Canadian Airports," Working Papers 09-02, University of Delaware, Department of Economics. [Downloadable!]
Statistics
Access and download statistics

Did you know? IDEAS is also providing many rankings, for example of authors and institutions.

This page was last updated on 2009-11-7.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.