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Table of Contents
Intro
Contents
Chapter 1: Introduction
1.1 Background
1.2 Part I: The Need for Economic Regulation
1.3 Part I: Systems of Regulation
1.4 Part II: Benchmarking
1.5 Part III: Regulation in Practice: Facts and Systems of Regulation
References
Part I: Theoretical Background: Market Power and Regulation
Chapter 2: How Strong Is Airport Competition: Is There a Case for Regulation?
2.1 Introduction
2.2 Competition and the Case for Regulation
2.2.1 Market Power and the Classic Case for Regulation
2.2.2 The Allocative Efficiency Argument
2.2.3 Regulation, Competition and Public Airports
2.2.4 Alternative Arguments for Regulation: Transaction Costs and Opportunistic Behaviour
2.2.5 Distribution, Regulation and Competition
2.3 Airport Competition: A Brief Overview
2.3.1 Privatization and Incentives for Profit
2.3.2 Types of Airports and Sources of Competition
2.4 Substitutability of Airports
2.4.1 Demand Side and Supply Side Substitution
2.4.2 Provision of Infrastructure for O&D and Transfer Passengers and for Cargo: The Definition of Catchment Areas
2.4.3 High-Speed Rail Competition
2.4.4 Bundling: Aviation-Related Services and Market Power
2.5 Countervailing Power
2.5.1 Are There Alternative Airports Available?
2.5.2 Are Airline Markets Competitive, Contestable or Concentrated?
2.5.3 Countervailing Power and Subsidies
2.5.4 Countervailing Power and Passenger Interests
2.5.5 Competition and Countervailing Power: A Summary
2.6 Some Evidence of the Use of Market Power
2.6.1 Airport Charging Behaviour
2.6.2 The Presence of Price Discrimination
2.7 Studies of Competition and Market Power: A Brief Review
2.7.1 Airport Competition in the UK Market
2.7.2 The Productivity Commission Inquiries
2.7.3 Assessing Market Power at Amsterdam Airport
2.7.4 The Two ACI Studies by Copenhagen Economics Studies and OXERA
2.8 Conclusions
References
Chapter 3: European Hub Airport Competition: An Assessment of Market Concentration in the Local Catchment and in the Transfer ...
3.1 Introduction
3.2 European Hub Airport Market Development
3.3 Review of Hub Airport Competition
3.4 Competition in the Local Catchment
3.5 Competition in the Transfer Market
3.6 Discussion and Implications for Economic Regulation
Appendix
Contents
Chapter 1: Introduction
1.1 Background
1.2 Part I: The Need for Economic Regulation
1.3 Part I: Systems of Regulation
1.4 Part II: Benchmarking
1.5 Part III: Regulation in Practice: Facts and Systems of Regulation
References
Part I: Theoretical Background: Market Power and Regulation
Chapter 2: How Strong Is Airport Competition: Is There a Case for Regulation?
2.1 Introduction
2.2 Competition and the Case for Regulation
2.2.1 Market Power and the Classic Case for Regulation
2.2.2 The Allocative Efficiency Argument
2.2.3 Regulation, Competition and Public Airports
2.2.4 Alternative Arguments for Regulation: Transaction Costs and Opportunistic Behaviour
2.2.5 Distribution, Regulation and Competition
2.3 Airport Competition: A Brief Overview
2.3.1 Privatization and Incentives for Profit
2.3.2 Types of Airports and Sources of Competition
2.4 Substitutability of Airports
2.4.1 Demand Side and Supply Side Substitution
2.4.2 Provision of Infrastructure for O&D and Transfer Passengers and for Cargo: The Definition of Catchment Areas
2.4.3 High-Speed Rail Competition
2.4.4 Bundling: Aviation-Related Services and Market Power
2.5 Countervailing Power
2.5.1 Are There Alternative Airports Available?
2.5.2 Are Airline Markets Competitive, Contestable or Concentrated?
2.5.3 Countervailing Power and Subsidies
2.5.4 Countervailing Power and Passenger Interests
2.5.5 Competition and Countervailing Power: A Summary
2.6 Some Evidence of the Use of Market Power
2.6.1 Airport Charging Behaviour
2.6.2 The Presence of Price Discrimination
2.7 Studies of Competition and Market Power: A Brief Review
2.7.1 Airport Competition in the UK Market
2.7.2 The Productivity Commission Inquiries
2.7.3 Assessing Market Power at Amsterdam Airport
2.7.4 The Two ACI Studies by Copenhagen Economics Studies and OXERA
2.8 Conclusions
References
Chapter 3: European Hub Airport Competition: An Assessment of Market Concentration in the Local Catchment and in the Transfer ...
3.1 Introduction
3.2 European Hub Airport Market Development
3.3 Review of Hub Airport Competition
3.4 Competition in the Local Catchment
3.5 Competition in the Transfer Market
3.6 Discussion and Implications for Economic Regulation
Appendix