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American Economic Review: Vol. 102 No. 3 (May 2012)
AER Volume. 102, Issue 3 | 
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After Airline Deregulation and Alfred E. Kahn
Article Citation
Rose, Nancy L. 2012. "After Airline Deregulation and Alfred E. Kahn."
American Economic Review,
102(3): 376-80.
DOI: 10.1257/aer.102.3.376
DOI: 10.1257/aer.102.3.376
Abstract
Among Alfred E. "Fred" Kahn's many accomplishments, none is better remembered than his pivotal role in deregulation of the US airline industry. Kahn's commitment to marry core microeconomic principles with institutional analysis, willingness as Chairman of the Civil Aeronautics Board to step outside the "regulation as usual box," and appealing wit made him the face of the Airline Deregulation Act of 1978, one of the great microeconomic policy triumphs. Lessons drawn from Kahn's work and the airline deregulation experience remain instructive for current academic research and regulatory policy design across broad sectors of the economy.
Article Full-Text Access
Full-text Article
Authors
Rose, Nancy L. (MIT)
JEL Classifications
L93: Air Transportation
L51: Economics of Regulation
L98: Industry Studies: Utilities and Transportation: Government Policy
L51: Economics of Regulation
L98: Industry Studies: Utilities and Transportation: Government Policy
