Aviation Markets: Studies in Competition and Regulatory Reform - Softcover

'The UK's foremost aviation economist combines economic theory and empirical evidence to argue for less onerous regulation of airports and airlines and a greater role for competitive markets. The standard of economic analysis in these papers is a model for aviation policymakers everywhere.' Stephen Littlechild, University of Birmingham, and University of Cambridge 'David Starkie is a leading thinker in aviation matters, contributing for over 30 years. His work has influenced the evolution of aviation and airport policy and regulation in the UK and elsewhere. This volume represents a collection of his contributions and provides an excellent and accessible analysis of the major aviation issues and challenges today. It is a lucid, elegant book, a "must read" for everyone in the aviation industry.' David Gillen, University of British Columbia, Vancouver, Canada 'David Starkie's work has set the standards in the economic analysis of aviation policy for many years now. It is characterised by the application of clear principles and careful reasoning to the specific factual contexts of aviation markets, and by the resulting coherence and practicality of its findings and conclusions. This collection of papers should be an indispensable source of wisdom for anyone interested in the making of public policy.' George Yarrow, Director, Regulatory Policy Institute, Oxford, UK 'There is no doubt that Professor Starkie has sound knowledge of the areas he covers and some strong views which he expresses eloquently and the book will make for a very interesting read for those with a professional interest in the areas he covers.' Transport Economist, Summer, 2008 'The papers are well-written and closely argued as one would expect from an author with Starkie's background and reputation. Although many date back quite a long way, most address issues that remain relevant - and because of their clarity of exposition and the updated commentary which links them - they offer insights relevant to today's debates. The depth of insight is in fact quite surprising given the breadth of the subject matter and the brevity of the book. The work can be recommended to anybody involved in the management or regulation of airports. Students and practitioners of airline management will also find it a valuable point of reference.' Aerlines e-zine edition 42 'Covering 25 years of research, the book provides an excellent overview of the interrelated development of the aviation industry and regulation policy as well as interesting conceptual and empirical insights into an array of competitionand regulation-related topics in a variety of markets. In doing so, the book is not afraid to adopt a critical stance and to question received wisdom. This book is recommended reading for practitioners, policy-makers and researchers with an interest in aviation transport or market regulation policy.' Built Environment Vol 35, No 4, 2009

Aviation Markets: Studies in Competition and Regulatory Reform is a collection of 17 papers selected from David Starkie's extensive writings over the last 25 years. Previously published material has been extensively edited and adapted, and combined with new material, published here for the first time. The book is divided into five sections, each featuring an original overview chapter, to better establish the background and also explain the papers' wider significance including, wherever appropriate, their relevance to current policy issues. These papers have been selected to illustrate a significant theme that has been relatively neglected thus far in both aviation and industrial economics: the role of the market and its interplay with the development of economic policy in the context of a dynamic but partly price regulated industry. The result provides a strong flavour of how market mechanisms, and particularly competition, can operate to successfully resolve policy issues. The book will be of interest to academics and those engaged in the formulation of aviation policy, such as public administrators and consultants, as well as those working in the aviation industry. It is also relevant to economic studies in a more general context, particularly to students and practitioners in industrial organisation economics, including those studying and researching the public utility industries.