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EconStor >
Technische Universität Braunschweig >
Institut für Volkswirtschaftslehre, Technische Universität Braunschweig >
Economics Department Working Paper Series, TU Braunschweig >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/51313
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Sieg, Gernot | | en_US |
| dc.date.accessioned | | 2010-04-14 | | en_US |
| dc.date.accessioned | | 2011-11-14T17:10:54Z | | - |
| dc.date.available | | 2011-11-14T17:10:54Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.pi | | urn:nbn:de:gbv:084-24464 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/51313 | | - |
| dc.description.abstract | | Grandfather rights are currently used in the European Union to allocate airport slots. This article shows that airports prefer such a use-it-or-lose-it rule to unconditional property rights. Assuming that there are informational asymmetries between airports and air carriers because air carriers have better information on passenger demand, the use-it-or-lose-it rule increases slot use when demand for air transport is low. Airport prots increase and those of the air carriers, together with social welfare, decrease. The prot-maximizing rule is a use-it- g < 1-or-lose-it rule. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Inst. für Volkswirtschaftslehre Braunschweig | | en_US |
| dc.relation.ispartofseries | | Economics Department Working Paper Series 4 | | en_US |
| dc.subject.jel | | L93 | | en_US |
| dc.subject.jel | | R48 | | en_US |
| dc.subject.jel | | D42 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Airports | | en_US |
| dc.subject.keyword | | Grandfather rights | | en_US |
| dc.subject.keyword | | use-it-or-lose-it rule | | en_US |
| dc.subject.keyword | | airport slots | | en_US |
| dc.title | | Grandfather rights in the market for airport slots | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 594725747 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| dc.identifier.repec | | RePEc:zbw:tbswps:4 | | - |
| Appears in Collections: | | Economics Department Working Paper Series, TU Braunschweig
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