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E-book

Title The economics of airport operations / edited by John D. Bitzan, James H. Peoples
Published Bingley, UK : Emerald Publishing, 2017
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Description 1 online resource : illustrations
Series Advances in airline economics ; v. 6
Advances in airline economics ; v. 6.
Contents Front Cover -- The Economics of Airport Operations -- Copyright Page -- Contents -- List of Contributors -- Editorial Members -- About the Editors -- Chapter 1 Introduction -- The Changing Nature of Airport Operations and the Role of Government -- Efficiency, Structure and Pricing of Airport Services -- Airport Effects on Local and Regional Economies -- Airport Operations and Airport Connectivity -- Summary and Concluding Observations -- Notes -- References -- Chapter 2 Light-Handed Regulation of Airport Services: An Alternative Approach to Direct Regulation?
IntroductionWhat is â#x80;#x9C;Light-Handedâ#x80;#x9D; Regulation? -- Examples of Light-Handed Regulation of Airports -- Structure of the Chapter -- Regulation of Airport Services â#x80;#x93; The Rationale -- Traditional Approaches to the Economic Regulation of Airports -- Rate of Return Regulation and Cost-based Regulation -- Price Cap Regulation -- Variations to Direct Regulatory Approaches -- Governance Arrangements Involving â#x80;#x9C;Checksâ#x80;#x9D; and â#x80;#x9C;Balancesâ#x80;#x9D; â#x80;#x93; Airports in the US -- The Evolution of Light-Handed Regulation
Introduction of Light-Handed Regulation in New Zealand (late 1980s)Light-Handed Regulation in the Utility Sector in North America (1980s onwards) -- The Introduction of Light-Handed Regulation of Airports in Australia (2002) -- Changes to Light-Handed Regulation in New Zealand (2000s) -- General Reasons for Moving to Light-Handed Regulation of Airports -- Difficulties Experienced with Price Cap Regulation of Airport Services -- Increased Complexity and Regulatory Intervention Over Time -- Risk and Uncertainty -- The Benefits of Greater Negotiation of Airport Services
Comparison of Light-Handed Approaches to Regulation of Airport Services in Australia and New ZealandInformation Disclosure and Price and Quality of Service Monitoring Regulation -- Negotiate-Arbitrate Regulation -- Summary -- Reviews of Light-handed Regulation of Airport Services in Australia and New Zealand in the Literature -- The Design of Light-Handed Regulation -- Threat of a Stronger Regulatory Measure, or Regulatory Intervention, Under Light-handed Regulation -- Information Disclosure Regulation and Price and Quality of Service Monitoring
Negotiate-Arbitrate RegulationTransparency of Airport Performance under Light-handed Regulation -- Information Disclosure Regulation and Price and Quality of Service Monitoring -- Negotiate-arbitrate Regulation (Dispute Resolution Approach) -- Regulatory Compliance Costs of Alternative Approaches -- Information Disclosure Regulation and Price and Quality of Service Monitoring -- Negotiate-arbitrate Regulation -- Summary of Design Characteristics that Contribute to the Effectiveness of Different Types of Light-handed Regulation
Summary This volume examines the role that airports play in economic development and land values, the regulation and economic efficiency of airports, airport pricing and competition, and the role played by airports in influencing airline operations and networks
Bibliography Includes bibliographical references and index
Notes Vendor-supplied metadata
Subject Airports -- Economic aspects
Airlines.
Airways.
Economics.
TRANSPORTATION -- Ships & Shipbuilding -- Pictorial.
Airlines
Airports -- Economic aspects
Airways
Form Electronic book
Author Bitzan, John D., editor.
Peoples, James H., editor
ISBN 9781787144972
1787144976
9781787149496
1787149498