After Airline Deregulation and Alfred E. Kahn
Name
Rose_After airline.pdf
Size
1 MB
Format
Adobe PDF
Checksum (MD5)
109f93bf7d5670c4c542b567e0407f58
Author(s)
Rose, Nancy L.
Date Issued
May 2012
Journal
American Economic Review
Publisher
American Economic Association
Citation
Rose, Nancy L. “After Airline Deregulation and Alfred E. Kahn.” American Economic Review 102, no. 3 (May 2012): 376-380. © 2012 the American Economic Association
Version
Final published version
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.
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.
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DOI of Published Version
https://doi.org/10.1257/aer.102.3.376
