Proposal for a Market-Based Solution to Airport Delays
W. Tom Whalen
U.S. Department of Justice - Antitrust Division
Dennis W. Carlton
University of Chicago - Booth School of Business; National Bureau of Economic Research (NBER)
U.S. Department of Justice
Oliver M. Richard
U.S. Department of Justice - Economic Analysis Group - Antitrust Division
Economic Analysis Group Discussion Paper No. EAG 07-14
With the clamor rising over airport delays and with both the Congress and the Administration considering remedies, this paper advocates the use of market mechanisms, specifically slot auctions, to promote efficient usage of airport capacity, reduce airport delays, and, more generally, promote competition.
Number of Pages in PDF File: 18
Date posted: October 15, 2007
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