Economic Regulation of Domestic Air Transport Theory and Policy. George W. Douglas and James C. Miller III. The Brookings Institution, 1775 Massachusetts Avenue, N.W., Washington, D.C. 20036. 1974. 211p

Short historical summary of regulations of U.S. domestic airlines. Examination of the present status of regulations. Establishment of a model describing how air transportation is operating under these regulations. Using this model a comparison is made of air transportation as it is against what it would be if economic efficacy was its aim and driving force. A critique of tariffs, pricing and regulations is made. Suggestions for better returns are given.