Airports: Coase, but no cigar

by Sandy Ikeda A year ago the Bush administration proposed auctioning landing slots at Kennedy, LaGuardia, and Newark airports in the New York region. Yesterday the Obama administration canceled these plans. From the NYT article: "In proposing to rescind the auctions, the department noted that the rule making was highly controversial and that most of … Continue reading Airports: Coase, but no cigar