A Solution to Airport Delays
7 Pages
Posted: 15 Aug 2009
U.S. Department of Justice - Antitrust Division
University of Chicago - Booth School of Business; National Bureau of Economic Research (NBER)
U.S. Department of Justice
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:
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
