Proposal for a Market-Based Solution to Airport Delays
Authors:
Preprint
- 1 October 2007
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
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.Keywords
This publication has 7 references indexed in Scilit:
- Auctions: Theory and PracticeSSRN Electronic Journal, 2004
- The Biggest Auction Ever: The Sale of the British 3G Telecom LicencesThe Economic Journal, 2002
- Auctions with Resale Markets: An Application to U.S. Forest Service Timber SalesAmerican Economic Review, 2001
- The Efficiency of the Fcc Spectrum AuctionsThe Journal of Law and Economics, 1998
- The Role of Information in U.S. Offshore Oil and Gas Lease AuctionEconometrica, 1995
- Efficient and Competitive RationingEconometrica, 1989
- Prices vs. QuantitiesReview of Economic Studies, 1974