Titlebook: Economic Regulation of Urban and Regional Airports; Incentives, Efficien Peter Forsyth,Jürgen Müller,Eric Pels Book 2023 Springer Nature Sw

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1430-9602 how benchmarking is used in the regulatory processThis 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 aspect

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P. De Geeter,W. Holtermann,H.-J. Melchior, and the UK has an extensive number of different types of airports that is mainly explained by its geography. The new regulatory system is more fit for purpose for today’s UK airport industry. The first indications at Gatwick show the innovative and more light-handed approach has brought improvements.

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U. J. Gaspard,J. L. Deville,M. H. Duboisith the local airport rather than with the international airlines, which may be politically convenient. If airlines are active in competitive markets, low-powered regulation leaves rents to passengers, and if the majority of these passengers is foreign, this scheme may also not be politically feasible.

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Kelly R. Haisley,Lee L. Swanströmhat regulation has no noticeable impact on efficiency levels; and a minority of the papers suggest that regulation tends to decrease technical and cost efficiency. We finally give some suggestions regarding directions for future research on the impact of regulation on airport performance.

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Airport Privatization and Regulation: Effects on Airport Charge, Capacity, and Social Welfareairport charge, but also introduce an underinvestment in airport capacity that could lower social welfare. Whether price-cap or cost-based regulation is superior depends on the relative importance of the underinvestment effect under price-cap regulation, versus a regulatory waste associated with cost-based regulation.

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