Liberalization in aviation : competition, cooperation and public policy /
Edited by Peter Forsyth ... [et al.].
- Burlington, VT : Ashgate Pub., c2012.
- xxii, 464 p. : ill. ; 25 cm.
The last few decades have witnessed substantial liberalization trends in various industries and countries. Starting with the deregulation of the U.S. airline industry in 1978, regulatory restructuring took place in further network industries such as telecommunications, electricity or railways in various countries around the world. Although most of the liberalization movements were initially triggered by the worrying performances of the respective regulatory frameworks, increases in competition and corresponding improvements in allocative and productive efficiency were typically associated with the respective liberalization efforts.