Dissertation/Thesis Abstract

Measuring the benefits of transportation infrastructure investment: Airline scheduling, airport capacity expansion, and consumer welfare
by Forister, Eric Franklin, Ph.D., Stanford University, 2009, 134; 3351492
Abstract (Summary)

This paper uses a model of consumer demand for individual flights to measure the welfare effects of airport capacity expansion. I estimate consumer preferences for the characteristics of different flights, including departure time and travel time. This is made possible by combining existing route-level price data with newly collected data on website ticket prices of individual flights. Using this model, I evaluate the welfare effects of the airline schedule changes that result after an airport expansion. I find that the 1996 addition of a new runway at Dallas-Ft. Worth resulted in large welfare increases to consumers, with the majority of these benefits accruing to passengers in markets with an itinerary that connected through DFW.

Indexing (document details)
Advisor:
Commitee:
School: Stanford University
School Location: United States -- California
Source: DAI-A 70/03, Dissertation Abstracts International
Source Type: DISSERTATION
Subjects: Economics, Economics, Transportation planning
Keywords: Air travel demand, Airline, Airline scheduling, Airport, Airport capacity expansion, Capacity expansion, Consumer welfare, Flight frequency, Scheduling, Transportation infrastucture
Publication Number: 3351492
ISBN: 9781109077247