Pels, Eric
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Pels, Eric
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Pels, Eric
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Item-typ:Veröffentlichung, Introduction(Springer International Publishing, 2023); ; ; This book discusses the current state of the art in the literature on, and the practice of economic regulation of, airports. This topic has received ample attention in the literature, but recent developments in aviation markets, policy and the literature concerning regulation and benchmarking necessitate a new overview.Wissenschaftlicher Artikel57 - Some of the metrics are blocked by yourconsent settings
Item-typ:Veröffentlichung, Conclusion(Springer International Publishing, 2023); ; ; Recent developments in aviation markets, policy, and the literature concerning regulation and benchmarking necessitate a new overview about the current debates concerning benchmarking and regulation. This book offers this overview, focusing on theoretical aspects (Part I), benchmarking (Part II), and case studies (Part III).Wissenschaftlicher Artikel62 - Some of the metrics are blocked by yourconsent settings
Item-typ:Veröffentlichung, How Strong Is Airport Competition: Is There a Case for Regulation?(Springer International Publishing, 2023); ; ; Given the natural monopoly properties and higher levels of connectivity of large airports, workable airport competition may not be possible, requiring regulation. This simple rule becomes more complicated, when looking also at the product range of airports, difference in consumer preferences and their price elasticity or competition from other transportation modes like high-speed rail on short-haul routes, thereby also affecting the catchment area. Control of access to aviation-related services, like ground handling, can also matter. Private versus public ownership of airports complicates the picture, as do airport capacity constraint. Transaction costs and opportunistic behaviour can also lead to regulation. After covering the literature concerning airport regulation, the chapter goes on to look at a number of actual cases involving market power and its regulation. It also looks at airports charging behaviour and price discrimination, depending on the level of congestion at an airport. A number of studies of airport competition and its implications for regulation are summarized, especially for the UK, the Netherlands [Schiphol] and Australia. The studies commissioned by the ACI, which suggest that airports should be just subject to competition law and regulation should be the exception are also discussed.Wissenschaftlicher Artikel61