a) In many places airports are restricted from operating during certain hours of the night. Briefly explain why restricting flights at night but not during the day might make sense in terms of the social costs and benefits of operating the airport. b) An alternative approach to mitigating these negative externalities is to charge a tax on flights equal to the external cost produced. Give one advantage and one disadvantage of this approach compared to the ban on nighttime flights outlined in part a.

a) In many places airports are restricted from operating during certain hours of the night. Briefly explain why restricting flights at night but not during the day might make sense in terms of the social costs and benefits of operating the airport. b) An alternative approach to mitigating these negative externalities is to charge a tax on flights equal to the external cost produced. Give one advantage and one disadvantage of this approach compared to the ban on nighttime flights outlined in part a.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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