Replication data for: Another Look at Airport Congestion Pricing
Principal Investigator(s): View help for Principal Investigator(s) Steven A. Morrison; Clifford Winston
Version: View help for Version V1
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Project Citation:
Morrison, Steven A., and Winston, Clifford. Replication data for: Another Look at Airport Congestion Pricing. Nashville, TN: American Economic Association [publisher], 2007. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116298V1
Project Description
Summary:
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We study alternate approaches to implement congestion pricing at US airports. Conventional formulations toll all aircraft without determining whether a plane operated by a given airline delays other planes that it operates or planes operated by other airlines. Recent work points out optimal pricing calls for carriers to be charged only for the delay they impose on other airlines. We find a small difference between the net benefits generated by the two congestion-pricing policies because the bulk of airport delays are not internalized and because the efficiency loss from pricing internalized congestion is small. (JEL L11, L93, R41)
Scope of Project
JEL Classification:
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L11 Production, Pricing, and Market Structure; Size Distribution of Firms
L93 Air Transportation
R41 Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
L11 Production, Pricing, and Market Structure; Size Distribution of Firms
L93 Air Transportation
R41 Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
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