Congestion pricing applications to manage high temporal demand for public services and their relevance to air space management

Karla Hoffman, Frank Berardino and George Hunter

Transport Policy, 2013, vol. 28, issue C, 28-41

Abstract: This paper surveys pricing mechanisms used by government agencies to manage congestion, as well as highlights the many political and social issues that have to be addressed in order to implement a pricing mechanism. This survey was undertaken in order to be able to understand how congestion pricing could be used to help manage airspace capacity. This is an important question since a 2008 analysis by the Joint Economic Committee of the US Congress suggested that domestic air traffic delays in 2007 cost the economy as much as $41 billion, including $19 billion in increased operational costs for the airlines and $12 billion worth of lost time for passengers.

Keywords: Airspace congestion; Market-clearing mechanism; Runway service standards; Auctions (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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DOI: 10.1016/j.tranpol.2012.02.004

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