PLAYING THE SLOTS: THE FAA GAMBLES WITH ITS CONTROVERSIAL CONGESTION MANAGEMENT PLAN FOR NEW YORK'S BUSIEST AIRPORTS

摘要

The FAA's slot auction plan is a rational, market-based method of fairly allocating a scarce resource. The plan skillfully combines the right amount of market-based principles and competition-promoting methods to effectively, if only temporarily, control the airspace congestion exigency facing New York. Given the reality of today's air travel system-and the overcrowding of New York airspace specifically-government action is necessary to provide safe and efficient air access to New York.