Competition for Scarce Inputs: The Case of Airport Takeoff and Landing Slots
分析了两个航空公司竞拍机场起降时刻的竞争结果,并探讨了合并或收购潮的可能影响,发现对机场垄断的担忧可能被夸大了。
An analysis of competition for scarce inputs, describing the outcome of an auction of takeoff and landing slots between two airline carriers and the possible outcomes from a merger or takeover wave. The results suggest that the concern over monopolization of airports may be misplaced.