Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/26347
Authors: 
Brueckner, Jan Keith
Year of Publication: 
2008
Series/Report no.: 
CESifo working paper 2302
Abstract: 
This paper analyzes slot-based approaches to management of airport congestion, using a model where airlines are asymmetric and internalize airport congestion. Under these circumstances, optimal congestion tolls differ across carriers, and since a slot-sale regime (with its uniform slot price) cannot duplicate this pattern, the equilibrium it generates is inefficient. Flight volumes tend to be too low for large carriers and too high for small carriers. Under a slot-trading regime or a slot auction, however, the existence of a fixed number of slots causes carriers to treat total flight volume (and thus congestion) as fixed, and this difference can lead to an efficient outcome.
JEL: 
H23
L50
L93
Document Type: 
Working Paper

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