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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)
School: Stanford University
School Location: United States -- California
Source: DAI-A 70/03, Dissertation Abstracts International
Subjects: Economics, Commerce-Business, Transportation
Keywords: Air travel demand, Airline, Airline scheduling, Airport, Airport capacity expansion, Capacity expansion, Consumer welfare, Flight frequency, Scheduling, Transportation infrastucture
Publication Number: 3351492
ISBN: 978-1-109-07724-7
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