001467758 000__ 07003cam\\22006857a\4500 001467758 001__ 1467758 001467758 003__ OCoLC 001467758 005__ 20230707003337.0 001467758 006__ m\\\\\o\\d\\\\\\\\ 001467758 007__ cr\un\nnnunnun 001467758 008__ 230506s2023\\\\sz\\\\\\ob\\\\000\0\eng\d 001467758 019__ $$a1378356850 001467758 020__ $$a9783031203411$$q(electronic bk.) 001467758 020__ $$a3031203410$$q(electronic bk.) 001467758 020__ $$z3031203399 001467758 020__ $$z9783031203398 001467758 0247_ $$a10.1007/978-3-031-20341-1$$2doi 001467758 035__ $$aSP(OCoLC)1378390087 001467758 040__ $$aEBLCP$$beng$$cEBLCP$$dGW5XE$$dYDX$$dEBLCP$$dN$T 001467758 049__ $$aISEA 001467758 050_4 $$aHT388 001467758 08204 $$a387.7360681$$223/eng/20230511 001467758 24500 $$aEconomic regulation of urban and regional airports :$$bincentives, efficiency and benchmarking /$$cPeter Forsyth, Jürgen Müller, Hans-Martin Niemeier, Eric Pels, editors. 001467758 260__ $$aCham :$$bSpringer,$$c2023. 001467758 300__ $$a1 online resource (453 p.). 001467758 4901_ $$aAdvances in spatial science 001467758 500__ $$a4.3.1 Protecting Sunk-Specific Investment in the Air Transport Sector 001467758 504__ $$aReferences -- Chapter 4: The Transactions Costs Foundation for Public Utility Regulation and Its Application to the Regulation of Airports -- 4.1 Introduction -- 4.2 Transaction Cost Economics and Competition Policy -- 4.2.1 Relationship-Specific Investment and Hold-Up -- 4.2.2 Transaction Cost Economics and Competition Policy -- 4.2.2.1 Ownership Solutions to the Monopoly Problem -- 4.2.2.2 Contractual Solutions to the Monopoly Problem -- 4.2.3 Public Policies Towards Natural Monopoly -- 4.3 Transaction Cost Economics and Airport Regulation 001467758 504__ $$aIncludes bibliographical references. 001467758 5050_ $$aIntro -- Contents -- Chapter 1: Introduction -- 1.1 Background -- 1.2 Part I: The Need for Economic Regulation -- 1.3 Part I: Systems of Regulation -- 1.4 Part II: Benchmarking -- 1.5 Part III: Regulation in Practice: Facts and Systems of Regulation -- References -- Part I: Theoretical Background: Market Power and Regulation -- Chapter 2: How Strong Is Airport Competition: Is There a Case for Regulation? -- 2.1 Introduction -- 2.2 Competition and the Case for Regulation -- 2.2.1 Market Power and the Classic Case for Regulation -- 2.2.2 The Allocative Efficiency Argument 001467758 5058_ $$a2.2.3 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 001467758 5058_ $$a2.4.4 Bundling: Aviation-Related Services and Market Power -- 2.5 Countervailing Power -- 2.5.1 Are There Alternative Airports Available? -- 2.5.2 Are Airline Markets Competitive, Contestable or Concentrated? -- 2.5.3 Countervailing Power and Subsidies -- 2.5.4 Countervailing Power and Passenger Interests -- 2.5.5 Competition and Countervailing Power: A Summary -- 2.6 Some Evidence of the Use of Market Power -- 2.6.1 Airport Charging Behaviour -- 2.6.2 The Presence of Price Discrimination -- 2.7 Studies of Competition and Market Power: A Brief Review -- 2.7.1 Airport Competition in the UK Market 001467758 5058_ $$a2.7.2 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 001467758 506__ $$aAccess limited to authorized users. 001467758 520__ $$aThis book offers new insights into the theory and practice of economic airport regulation. In light of recent developments in aviation markets and policy, and the debate on airport regulation and benchmarking, it offers case studies on various aspects of economic regulation of city and regional airports. Written by experts in the field, the volume features contributions on the theory of regulation and benchmarking, as well as case studies on recent experiences in Europe and Latin America. This book is divided into three parts: Part I provides the theoretical background for the study of airport regulation and regulatory systems. Competition at airports is discussed, as are common forms of regulation and potential pitfalls. Part II addresses benchmarking, as benchmarking is often applied as an input to the regulatory process. Although benchmarking is necessary, reviews of how benchmarking is applied in the literature and in practice show that improvements can be made. Part III provides case studies on real-world examples. Addressing the question of whether and how European airport regulators set incentives for efficiency, and how benchmarking is used in the regulatory process, this book is an important contribution to the development of the transport industry in Europe and Latin America. It will appeal to scholars and students in transport economics, regional economics and related fields, as well as to practitioners and policy makers in the transport industry. 001467758 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed May 11, 2023). 001467758 650_0 $$aAirports$$xFinance. 001467758 650_0 $$aAirports$$xEconomic aspects. 001467758 650_0 $$aAeronautics, Commercial$$xGovernment policy. 001467758 655_0 $$aElectronic books. 001467758 7001_ $$aForsyth, P.$$q(Peter) 001467758 7001_ $$aMüller, Jürgen. 001467758 7001_ $$aNiemeier, Hans-Martin. 001467758 7001_ $$aPels, Eric. 001467758 77608 $$iPrint version:$$aForsyth, Peter$$tEconomic Regulation of Urban and Regional Airports$$dCham : Springer International Publishing AG,c2023$$z9783031203398 001467758 830_0 $$aAdvances in spatial science. 001467758 852__ $$bebk 001467758 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-031-20341-1$$zOnline Access$$91397441.1 001467758 909CO $$ooai:library.usi.edu:1467758$$pGLOBAL_SET 001467758 980__ $$aBIB 001467758 980__ $$aEBOOK 001467758 982__ $$aEbook 001467758 983__ $$aOnline 001467758 994__ $$a92$$bISE