CAA Benchmarking Proposal & Responses to the CAA Paper Presented by Sylvana Thiele & Lori Palotas. Main reason for Benchmarking. 2 main problems with setting regulation: Regulators don‘t have sufficient info Therefore the firm has an incentive to influence the system
– incentive gone to ‘game‘ the system
In terms of other Economic Regulation:
CAA plans to:
Source: BAA response – Use of benchmarking p. 7.
Reviews, Consultation Paper, December 2000.
Consultative Committee, Heathrow AOC, IATA, Manchester
Airport plc, Monarch airlines, Ryanair, Virgin Atlantic Airways.