Name: the effects of deregulation on u.s. air networks (en Inglés)
Price: 241827.00 COP
Availability: InStock
Author: Reynolds-Feighan, Aisling J.
ISBN: 9783642770630

portada the effects of deregulation on u.s. air networks (en Inglés)

Formato

Libro Físico

Autor

Aisling J. Reynolds-Feighan

Editorial

Springer

Año

2011

Idioma

Inglés

N° páginas

131

Encuadernación

Tapa Blanda

Dimensiones

24.4 x 17.0 x 0.8 cm

Peso

0.24 kg.

ISBN

3642770630

ISBN13

9783642770630

Categorías

Economía
Geografía
Aeronáutica y aviación

the effects of deregulation on u.s. air networks (en Inglés)

Aisling J. Reynolds-Feighan (Autor) · Springer · Tapa Blanda

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Origen: Estados Unidos (Costos de importación incluídos en el precio)

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Reseña del libro "the effects of deregulation on u.s. air networks (en Inglés)"

1. 1 A Brief History of U. S. Commercial Aviation Regulation and Deregulation The U. S. commercial aviation industry was regulated by the government for a period of 40 years, beginning in 1938 with. the passing of the Federal Aviation Act, and ending in October 1978 when President Carter signed into law the Airline Deregulation Act (ADA). There were 16 airlines in existence when the Federal Aviation Act was passed in 1938 (the so-called 'trunk lines'). The Act established the Civil Aeronautics Authority (CAA) as the industry's regulatory body. The Act was passed principally because it was felt that the free market, if allowed to continue unregulated for much longer, would put many of these firms into bankruptcy. It is possible therefore to view the CAA of 1938 (re-organized into the Civil Aeronautics Board (CAB) in 1940) as a response to a potential market failure at the time. In the 1930s, few air traffic markets could have efficiently"supported more than one airline operating in the market [Panzar (1980)]. Competition among the carriers was cut-throat, and it was felt that the near bankruptcy of the airlines in the period was caused principally by the competitive bidding system used by the Post Office in allotting airmail subsidies [Keeler (1972), Caves (1962)].