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Journal Article

Competition for scarce inputs: the case of airport takeoff and landing slots


Abstract: 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.

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Review

Publication Date: 1994

Volume: 30

Issue: Q II

Pages: 18-25