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Title: CONGESTION PRICING AND THE ECONOMIC REGULATION OF AIRPORTS
Accession Number: 00808603
Record Type: Component
Availability: N/AFind a library where document is available Abstract: This conference presentation discusses congestion pricing of airports. It considers what it would mean if you tried to use congestion pricing as a way to manage the capacity of the air transportation system. The various forms of congestion are examined and it is pointed out that some forms of congestion are more susceptible to a pricing solution than others. Also discussed is the issue of pricing behavior of airports and the regulation of that behavior. Currently, prices must be set to equate revenues to costs. When you talk about congestion pricing, this changes. Prices that equate supply and demand are not necessarily those that equate revenue and costs. In conclusion it is pointed out that adoption of congestion prices would fundamentally alter the regulatory environment within which airports operate. To do that, you need to be ready to consider those fundamental changes and to devise an alternative regulatory scheme to deal with the problems of market power and high fees and charges that would likely be encountered under such a system.
Supplemental Notes: 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
Language: English
Corporate Authors: Transportation Research Board 500 Fifth Street, NW Authors: Neels, KPagination: p. 56-62
Publication Date: 2001-3
Serial:
Transportation Research Circular
Publisher: Transportation Research Board Conference:
Airports in the 21st Century
Location:
Washington, D.C. TRT Terms: Candidate Terms: Subject Areas: Aviation; Economics; Highways; Planning and Forecasting; Terminals and Facilities
Files: TRIS, TRB
Created Date: Apr 11 2001 12:00AM
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