After Airline Deregulation and Alfred E. Kahn
- (pp. 376-80)
AbstractAmong 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.
Citation2012. "After Airline Deregulation and Alfred E. Kahn." American Economic Review, 102(3): 376-80. DOI: 10.1257/aer.102.3.376
- L93 Air Transportation
- L51 Economics of Regulation
- L98 Industry Studies: Utilities and Transportation: Government Policy