Departure delays, the pricing of congestion, and expansion proposals at Chicago Oâ€™Hare Airport
Chicago's Oâ€™Hare airport is extremely congested, especially in the late afternoon and early evening. The paper uses a publicly available database to estimate the relationship between the number of flights wishing to depart and the delays they experience. This relationship is used to calculate congestion fees that provide airlines with incentives to move some flights out of the peak period and to slightly alter the scheduled departure time of other flights to avoid the rush of departures that occur on the hour. The very high fees at certain times of day point to the benefits that can be obtained from current plans to expand and reconfigure the airport to reduce delays in both good and bad weather.
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Volume (Year): 12 (2006)
Issue (Month): 4 ()
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References listed on IDEAS
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- Jan K. Brueckner, 2002.
"Internalization of Airport Congestion: A Network Analysis,"
CESifo Working Paper Series
756, CESifo Group Munich.
- Brueckner, Jan K., 2005. "Internalization of airport congestion: A network analysis," International Journal of Industrial Organization, Elsevier, vol. 23(7-8), pages 599-614, September.
- Jan K. Brueckner, 2002. "Airport Congestion When Carriers Have Market Power," American Economic Review, American Economic Association, vol. 92(5), pages 1357-1375, December.
- Daniel, Joseph I, 1995. "Congestion Pricing and Capacity of Large Hub Airports: A Bottleneck Model with Stochastic Queues," Econometrica, Econometric Society, vol. 63(2), pages 327-70, March.
- Brueckner, Jan K, 2002. "Internalization of airport congestion," Journal of Air Transport Management, Elsevier, vol. 8(3), pages 141-147.
- Daniel, Joseph I. & Pahwa, Munish, 2000. "Comparison of Three Empirical Models of Airport Congestion Pricing," Journal of Urban Economics, Elsevier, vol. 47(1), pages 1-38, January.
- Schank, Joshua L., 2005. "Solving airside airport congestion: Why peak runway pricing is not working," Journal of Air Transport Management, Elsevier, vol. 11(6), pages 417-425.
- Karlsson, Joakim & Odoni, Amedeo & Yamanaka, Shiro, 2004. "The impact of infrastructure-related taxes and fees on domestic airline fares in the US," Journal of Air Transport Management, Elsevier, vol. 10(4), pages 283-291.
- Starkie, David, 1998. "Allocating airport slots: a role for the market?," Journal of Air Transport Management, Elsevier, vol. 4(2), pages 111-116.
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