AIRPORT PRIVATIZATION COMPETITION INCLUDING DOMESTIC AIRLINE MARKETS

Q3 Social Sciences
A. Kawasaki
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引用次数: 3

Abstract

This study addresses the problem of hub airport privatization in a domestic airline market, where each country has one major hub airport and multiple local airports. We find that when both countries have very small domestic airline markets, airport privatization occurs at the Nash equilibrium. However, when at least one country has a large domestic airline market, the public airport becomes an equilibrium outcome. Furthermore, depending on the number of airline markets and degree of product differentiation, an asymmetric equilibrium may appear.
机场民营化竞争,包括国内航空公司市场
这项研究解决了国内航空市场中枢纽机场私有化的问题,每个国家都有一个主要的枢纽机场和多个地方机场。我们发现,当两国的国内航空市场都很小时,机场私有化发生在纳什均衡状态。然而,当至少有一个国家拥有庞大的国内航空市场时,公共机场就会成为一个均衡的结果。此外,根据航空公司市场的数量和产品差异化的程度,可能会出现不对称均衡。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Review of Urban and Regional Development Studies
Review of Urban and Regional Development Studies Social Sciences-Geography, Planning and Development
CiteScore
1.10
自引率
0.00%
发文量
0
期刊介绍: Review of Urban & Regional Development Studies (RURDS) focuses on issues of immediate practical interest to those involved in policy formation and implementation. Articles contain rigorous empirical analysis, with many emphasizing policy relevance and the operational aspects of the academic disciplines, while others focus on theoretical and methodological issues. Interdisciplinary and international in perspective, RURDS has a wide appeal: in addition to scholars, readership includes planners, engineers and managers in government, business and development agencies worldwide.
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