ENTRY, EXCLUSION, AND EXPULSION IN A SINGLE HUB AIRPORT SYSTEM
Airport congestion is best handled by peak period pricing. The most efficient means of implementing such a scheme is via some type of slot auction mechanism. This paper addresses the questions of what happens to slot prices when the nummber of competitors increases, as well as whether or not a financially strong firm can use the auctions to overpower its weaker rivals. Slot prices rise with the number of air carriers competing in the market. The paper also demonstrates that it is not feasible for financially strong carriers to attempt to use the auction process to either exclude potential rivals or to expel them from the market.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/isbn/0309048176
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Supplemental Notes:
- This paper appears in Transportation Research Record No. 1214, Modeling and Analysis of Airport and Aircraft Operations. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
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Authors:
- Brander, John R G
- Cook, B A
- Rowcraft, John E
- Publication Date: 1989
Media Info
- Features: Figures; References; Tables;
- Pagination: p. 27-36
- Monograph Title: Modeling and Analysis of Airport and Aircraft Operations
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Serial:
- Transportation Research Record
- Issue Number: 1214
- Publisher: Transportation Research Board
- ISSN: 0361-1981
Subject/Index Terms
- TRT Terms: Airports; Competition; Markets; Peak periods; Pricing; Slot allocation; Traffic congestion
- Uncontrolled Terms: Congestion
- Old TRIS Terms: Slot auctions
- Subject Areas: Administration and Management; Aviation; Highways; Planning and Forecasting; Terminals and Facilities;
Filing Info
- Accession Number: 00494440
- Record Type: Publication
- ISBN: 0309048176
- Files: TRIS, TRB
- Created Date: May 31 1990 12:00AM