The Economic Regulation of Airports

...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

Peter Forsyth is Professor of Economics at Monash University, Australia; David W. Gillen is Professor at the School of Business and Economics, Wilfrid Laurier University, Canada, and University of California, Berkeley, USA; Dr. Andreas Knorr is Professor for International Economics at the Department of Business Studies and Economics, University of Bremen, Germany; Dr. Otto G. Mayer is Head of the Presidential Department of the Hamburg Institute of International Economics (HWWA), Germany; Dr. Hans-Martin Niemeier is Professor for Transportation Economics and Logistics at the University of Applied Sciences, Bremen, Germany and David Starkie is a Director of Economics-Plus Ltd and the Regulatory Policy Institute, Oxford, UK.

Contents: Introduction and Overview. Australasia: Replacing regulation: airport price monitoring in Australia, Peter Forsyth; A shift towards regulation? The case of New Zealand, Peter McKenzie-Williams. North America: Airport pricing, financing and policy: report to National Transportation Act Review Committee, David W. Gillen and William Morrison; The regulation of US airports, Anne Graham. Europe: Calculating the short-run marginal infrastructure costs of runway use: an application to Dublin Airport, Oliver Hogan and David Starkie; Privatization and regulation of Amsterdam Airport, Jaap De Wit; Airport regulation in the UK, Nienke Hendriks and Doug Andrew; UK - regulation from the perspective of BAA plc, Mike Toms; New approaches in airline/airport relations - the charges framework of Frankfurt Airport, Michael Klenk; Privatization in Austria: some theoretical reasons and first results about the privatization proceeds in general and of Vienna Airport, Friedrich Schneider; Regulation in times of crisis: experiences with a public-private price cap contract at Hamburg Airport, Thomas Immelmann; Capacity utilization, investment and regulatory reform of German airports, Hans-Martin Niemeier. Towards Institutional Reforms: Optimal economic regulation: a short survey of developments from the 1970s to the 1990s, Cathal Guiomard; Airport privatization and regulation - getting the institutions right, Hartmut Wolf; On the institutional setting of ex-post regulation in regulated industries, Bernhard Duijm.