Michael Giberson The Federal Aviation Administration is proposing to change its policy toward landing fees to “provide greater flexibility to operators of congested airports to use landing fees to provide incentives to air carriers to use the airport at less congested times or to use alternate airports to meet regional air service needs.” As explained … More Congestion Fees Coming to Airports? … More Congestion Fees Coming to Airports?
Michael Giberson The New Jersey experience illustrates one other key insight into regulation of a network. In a network industry such as electricity, where the network extends across state lines, it is possible for one state to exert significance externalities on others. The siting of transmission lines or an electricity generator in one state can … More Regulation of Networks when Networks Cross Political Borders … More Regulation of Networks when Networks Cross Political Borders