Price-cap regulation of airports: Single-till versus dual-till

Research output: Journal article publicationJournal articleAcademic researchpeer-review

94 Citations (Scopus)


This paper takes up the debate whether price-cap regulation of airports should take the form of single-till or dual-till regulation. The contribution is to model single- and dual-till regulation, evaluate their welfare implications, and compare them to Ramsey charges. We show that single-till regulation dominates dual-till regulation at non-congested airports with regard to welfare maximization. However, none of them provides an airport with incentives to implement Ramsey charges. A Ramsey optimal price-cap regulation, which achieves this goal, is also presented.
Original languageEnglish
Pages (from-to)85-97
Number of pages13
JournalJournal of Regulatory Economics
Issue number1
Publication statusPublished - 1 Jul 2006
Externally publishedYes


  • Airport
  • Dual-till
  • Price-cap regulation
  • Single-till

ASJC Scopus subject areas

  • Economics and Econometrics


Dive into the research topics of 'Price-cap regulation of airports: Single-till versus dual-till'. Together they form a unique fingerprint.

Cite this