Abstract The median voter model is used to estimate the efficiency of three voting rules in determining runway capacity at airports. The three rules are (1) one vote per airline, (2) one vote per operation (takeoff or landing), and (3) one vote per pound of landing weight. Based on scheduled arrival and departure data from 12 U.S. airports, the rule of one vote per pound of landing weight is shown to be the best of the three rules and is quite efficient if all airlines vote and if airlines pay the full social cost of capacity.


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    Titel :

    Voting and the efficiency of airport runway investment


    Beteiligte:

    Erschienen in:

    Erscheinungsdatum :

    1984-09-01


    Format / Umfang :

    6 pages




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch



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