« The Wal-Mart Vote | Main | Private Security repelled Iraqi attack »

April 05, 2004

Pricing in the sky

Many policy problems (from road congestion to water and electricity shortages) can be greatly improved through the proper application of a simple concept—pricing.

In this USA Today article, Reason’s Bob Poole explains how to apply pricing to air traffic control:

By charging planes to use the most congested airports and airways, the system would give its customers economic incentives to reschedule flight times or choose less-congested airports without such charges. That easing of demand would provide breathing room to address the looming shortfalls in air-traffic-control capacity.

All sorts of new technology can increase this capacity, both cross-country and on the approaches to airport runways. "Synthetic vision" systems can permit pilots to land at socked-in airports at nearly the same rate as in clear weather. So the air-traffic system need not break down just because Chicago has a bad-weather day. Other advanced technologies can reduce the size of the protective bubble needed around planes en route to keep them safely separated.

Posted by tedb at April 5, 2004 01:28 PM



Search


Recent Entries
Categories
Contact
Links
Blog Roll
Archives
February 2007
Sun Mon Tue Wed Thu Fri Sat
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28      
Powered by
Movable Type 3.2