Allocating Air Traffic Flow Management Slots
AbstractIn Europe, when an imbalance between demand and capacity is detected for air traffic network resources, Air Traffic Flow Management slots are allocated to flights on the basis of a First Planned First Served principle. We propose a market mechanism to allocate such slots in the case of a single constrained en-route sector or airport. We show that our mechanism provides a slot allocation which is economically preferable to the current one as it enables airlines to pay for delay reduction or receive compensations for delay increases. We also discuss the implementation of our mechanism through two alternative distributed approaches that spare airlines the disclosure of private information. Both these approaches have the additional advantage that they directly involve airlines in the decision making process. Two computational examples relying on real data illustrate our findings.
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Bibliographic InfoPaper provided by Department of Applied Mathematics, Università Ca' Foscari Venezia in its series Working Papers with number 191.
Length: 17 pages
Date of creation: Nov 2009
Date of revision:
Air Transportation; Market Mechanism Design; Air Traffic Flow Management slots; Collaborative Decision Making; SESAR.;
Find related papers by JEL classification:
- L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy
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- Borm, P.E.M. & Hamers, H.J.M. & Hendrickx, R.L.P., 2001.
"Operations research games: A survey,"
Open Access publications from Tilburg University
urn:nbn:nl:ui:12-305110, Tilburg University.
- Peter Borm & Herbert Hamers & Ruud Hendrickx, 2001. "Operations research games: A survey," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer, vol. 9(2), pages 139-199, December.
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