A Solution to Airport Delays

7 Pages Posted: 15 Aug 2009  

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)

Ken Heyer

U.S. Department of Justice

Oliver M. Richard

U.S. Department of Justice - Economic Analysis Group - Antitrust Division

Date Written: Spring 20008

Abstract

Airport delays are increasingly significantly. These delays are largely attributable to increased congestion on runways and at gates as airlines increasingly use smaller but more frequently-departing passenger jets. This paper proposes reducing congestion by auctioning off takeoff and landing 'slots' at airports. These auctions would have several benefits: they would redistribute airport facilities toward higher-valued uses, incentivize airlines to make more efficient use of airport capacity, and generate revenue to fund airport improvements and capacity expansion.

Keywords: airport delays, congestion, proposed solutions, auctions, incentives, efficiency, FAA, market based system

JEL Classification: D42, D44, D49

Suggested Citation

Whalen, W. Tom and Carlton , Dennis W. and Heyer, Ken and Richard, Oliver M., A Solution to Airport Delays (Spring 20008). Regulation, Vol. 31, No. 1, pp. 30-36, Spring 2008. Available at SSRN: https://ssrn.com/abstract=1121791

W. Tom Whalen (Contact Author)

U.S. Department of Justice - Antitrust Division ( email )

600 E Street NW
Suite 10000
Washington, DC 20530
United States
202-353-9335 (Phone)

Dennis W. Carlton

University of Chicago - Booth School of Business ( email )

5807 S. Woodlawn Avenue
Chicago, IL 60637
United States
312-322-0215 (Phone)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Ken Heyer

U.S. Department of Justice ( email )

950 Pennsylvania Avenue, NW
Washington, DC 20530-0001
United States

Oliver M. Richard

U.S. Department of Justice - Economic Analysis Group - Antitrust Division ( email )

450 Fifth Street, NW
Ninth Floor
Washington, DC 20530
United States

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