The Economic Regulation of Airports: Recent Developments in Australasia, North America and Europe (Ashgate Studies in Aviation Economics and Management) - Tapa dura

'...contains a wealth of information on the practice of airport regulation, and therefore is required reading for any academic or practitioner involved with airport privatisation and regulation.' Aerlines Magazine '... this is an excellent and very readable set of papers bringing one up to date on the theory and practice of economic regulation of airports. For those involved in future privatisations, this book will be an invaluable guide.' The Aerospace Professional, April 2005 'This is a much welcomed synopsis of a complex and challenging issue and can be recommended to anyone with an interest in how the airport sector should be developed efficiently and effectively in the future.' Logistics and Transport Focus, November 2005

This tour d'horizon book reviews airport regulation and competition in different regions of the world and contrasts different policy perspectives. Organized in four parts, the first three examine, in turn, Australasia, North America, and Europe, while the last section looks at the institutional reforms that have taken place in these regions. The book covers the regulation of airports, and competition in different regions, as well as privatization policy, the interaction between airports and airlines, and regional economic impacts. It also examines the linkages between governance structures and forms of regulation. The book's global sweep embraces all the large aviation markets, bringing together the ideas and challenges of academic economists, airlines, airport managers, consultants and government regulators. As well as looking at different methods, degrees and paradigms of regulation it also spells out the stress-points, in a way that makes essential reading for airport operators, airline operations staff, as well as academic economists concerned with transport studies. It also offers interesting reading and important lessons for those concerned with regulation of the utility industries such as, telecommunications, water and power generation and distribution - where infrastructure can be subject to natural monopoly characteristics and where firms competing in downstream markets are dependent on the investment and operational strategies of the upstream infrastructure operator.