Sequential peak-load pricing: the case of airports and airlines

Author	dc.contributor.author	Basso Sotz, Leonardo
Author	dc.contributor.author	Zhang, Anming	es_CL
Admission date	dc.date.accessioned	2010-01-07T20:06:15Z
Available date	dc.date.available	2010-01-07T20:06:15Z
Publication date	dc.date.issued	2008-08
Cita de ítem	dc.identifier.citation	CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE Volume: 41 Issue: 3 Pages: 1087-1119 Published: AUG 2008	en_US
Identifier	dc.identifier.issn	0008-4085
Identifier	dc.identifier.uri	https://repositorio.uchile.cl/handle/2250/125060
Abstract	dc.description.abstract	We investigate airport peak-load pricing using a vertical structure of airport and airlines. We find that a profit-maximizing airport would charge higher peak and off-peak runway prices and a higher peak/off-peak price differential than a public airport. Consequently, airport privatization would lead to both fewer total passengers and fewer passengers in the peak period. Although peak-travelling passengers benefit from fewer delays, this low level of peak congestion is not efficient, suggesting that airport privatization cannot be judged based on its effect on congestion alone. We also examine pricing behaviour of a public airport constrained to charge a time independent price.	en_US
Lenguage	dc.language.iso	en	en_US
Keywords	dc.subject	MARGINAL COST	en_US
Título	dc.title	Sequential peak-load pricing: the case of airports and airlines	en_US
Document type	dc.type	Artículo de revista