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Proposal For A Market-Based Solution to Airport Delays

Author

Listed:
  • W. Tom Whalen

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

  • Dennis W. Carlton

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

  • Ken Heyer

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

  • Oliver Richard

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

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.

Suggested Citation

  • W. Tom Whalen & Dennis W. Carlton & Ken Heyer & Oliver Richard, 2007. "Proposal For A Market-Based Solution to Airport Delays," EAG Competition Advocacy Papers 200714, Department of Justice, Antitrust Division.
    • Handle: RePEc:doj:compad:200714
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    File URL: https://www.justice.gov/atr/public/eag/227380.pdf
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    Citations

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    Cited by:

    1. Santos, Georgina & Robin, Maël, 2010. "Determinants of delays at European airports," Transportation Research Part B: Methodological, Elsevier, vol. 44(3), pages 392-403, March.
    2. Alessandro Avenali & Tiziana D'Alfonso & Claudio Leporelli & Giorgio Matteucci & Alberto Nastasi & Pierfrancesco Reverberi, 2014. "A supervised market mechanism for efficient airport slot allocation," DIAG Technical Reports 2014-03, Department of Computer, Control and Management Engineering, Universita' degli Studi di Roma "La Sapienza".
    3. Jeffrey P. Cohen & Cletus C. Coughlin & Lesli S. Ott, 2009. "Auctions as a vehicle to reduce airport delays and achieve value capture," Review, Federal Reserve Bank of St. Louis, vol. 91(Nov), pages 569-588.
    4. Gillen, David & Jacquillat, Alexandre & Odoni, Amedeo R., 2016. "Airport demand management: The operations research and economics perspectives and potential synergies," Transportation Research Part A: Policy and Practice, Elsevier, vol. 94(C), pages 495-513.
    5. Jan K. Brueckner, 2008. "Slot-Based Approaches to Airport Congestion Management," CESifo Working Paper Series 2302, CESifo.
    6. Ken Heyer & Nicholas Hill, 2008. "The Year in Review: Economics at the Antitrust Division, 2007–2008," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 33(3), pages 247-262, November.
    7. repec:aeg:report:2014-3 is not listed on IDEAS
    8. Brueckner, Jan K., 2009. "Price vs. quantity-based approaches to airport congestion management," Journal of Public Economics, Elsevier, vol. 93(5-6), pages 681-690, June.

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