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- Title
After Airline Deregulation and Alfred E. Kahn.
- Authors
Rose, Nancy L
- 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.
- Subjects
UNITED States; DEREGULATION of the airline industry; INDUSTRIAL policy; TRADE regulation; REGULATED industries; REGULATORY reform; DEREGULATION; KAHN, Fred
- Publication
American Economic Review, 2012, Vol 102, Issue 3, p376
- ISSN
0002-8282
- Publication type
Article
- DOI
10.1257/aer.102.3.376