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Title: PRICING TO REDUCE AIRPORT CONGESTION
Accession Number: 00201736
Record Type: Component
Abstract: AS THE HOURLY MOVEMENT RATE AT AN AIRPORT INCREASES, THE AVERAGE DELAY INCREASES. ECONOMISTS HAVE INDICATED A SOLUTION TO THIS PROBLEM OF CHARGING A CONGESTION TOLL EQUAL TO THE COST OF THE DELAY THAT THE MARGINAL USER IMPOSES ON OTHERS. AN EMPIRICAL IDEA OF MOVEMENT RATES, AVERAGE DELAYS, AND MARGINAL EXTERNAL DELAYS IS PRESENTED IN A TABLE BASED ON A REGRESSION ANALYSIS OF DELAY DATA AT WASHINGTON NATIONAL AIRPORT DURING A ONE-WEEK SURVEY IN 1967. AT WASHINGTON NATIONAL A PARTIAL QUOTA SYSTEM HAS BEEN IN EFFECT FOR TWO YEARS. THE EXTERNAL COSTS ARE COMPARED. ALTERNATIVE METHODS OF ALLOCATING AIRPORT CAPACITY ARE EXAMINED FROM A LONG-RUN CONTEXT POINT OF VIEW. A FEE SCHEDULE BASED ON EXTERNAL COST IS RECOMMENDED TO PROVIDE THE FOLLOWING BENEFITS: (1) VALUABLE USES OF THE AIRPORT ARE SORTED OUT WITH A MINIMUM OF GOVERNMENT INTERVENTION AND AIRLINE COLLUSION, (2) THE LOCAL COMMUNITY HAS A NEW SOURCE OF REVENUE, AND (3) A MARKET TEST IS PROVIDED OF THE NEED FOR NEW AIRPORTS AND A SYSTEM THAT WOULD GUARANTEE THAT THESE AIRPORTS WILL BE USED.
Supplemental Notes: Paper sponsored by Committee on Socio-Economic Aspects of Highways and presented at the 48th Annual Meeting. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
Monograph Title: Monograph Accession #: 01410235
Authors: Yance, Joseph VPagination: pp 1-4
Publication Date: 1969
Serial: Media Type: Digital/other
Features: Figures
(1)
; References
(2)
; Tables
(2)
TRT Terms: Subject Areas: Aviation; Data and Information Technology; Economics; Highways; Society; Terminals and Facilities
Files: TRIS, TRB
Created Date: Mar 9 1970 12:00AM
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