The events that led to the decision on the Third London airport indicated that more efficient airport planning procedures should be adopted in the United Kingdom. This paper discusses some, general principles of the use of resources which could be applied to the planning of new airport investments. Environmental amenities are seen as resources having a value to members of society and which are often foregone by airport operations. The main improvements to existing airport planning procedures would result from more effective incorporation of potential amenity losses, as well as consumer accessibility and other factors, into project design and evaluation. Two decision-making models are outlined which could lead to such improvements. In the favored model the principal beneficiaries of airport facilities (passengers and other users) must pay for the full opportunity costs, including amenity losses, of the services that they enjoy. Their willingness to do so in different circumstances is used as part of the evidence for the planning of additional investments.

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  • Accession Number: 00155719
  • Record Type: Publication
  • Source Agency: Massachusetts Institute of Technology
  • Files: TRIS
  • Created Date: Sep 20 1977 12:00AM