Welcome to the new version of CaltechAUTHORS. Login is currently restricted to library staff. If you notice any issues, please email coda@library.caltech.edu
Published May 1981 | Published
Journal Article Open

The Allocation of Landing Rights by Unanimity Among Competitors

Abstract

During the late 1960's, air congestion often involving long delays or "stacks" was common at major airports. The right to land and take off was allocated on a first-come, first-served basis with little coordination among scheduled carriers. Since 1968, the four major airports in the United States, La Guardia, Washington National, John F. Kennedy International, and O'Hare International, have been operating under a Federal Aviation Administration (FAA) high-density ruling which limits the number of slots (takeoffs and landings per hour) at each of these airports.

Additional Information

© 1981 American Economic Association. Also published in Current And Classic Readings For Microeconomic Literacy, a Thomson Custom Solutions publication. Financial support from the National Science Foundation and the Caltech Program of Enterprise and Public Policy is gratefully acknowledged.

Attached Files

Published - allocation_of_landing_rights.pdf

Files

allocation_of_landing_rights.pdf
Files (213.1 kB)
Name Size Download all
md5:7fa3ec7103b27f3970b6b1cc65fdc23a
213.1 kB Preview Download

Additional details

Created:
August 19, 2023
Modified:
March 5, 2024