Allocating Air Traffic Flow Management Slots
In 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.
|Date of creation:||Nov 2009|
|Date of revision:|
|Contact details of provider:|| Postal: Dorsoduro, 3825/E, 30123 Venezia|
Phone: ++39 041 2346910-6911
Fax: ++ 39 041 5221756
Web page: http://www.dma.unive.it/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- 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;Sociedad de Estadística e Investigación Operativa, vol. 9(2), pages 139-199, December.
- Borm, P.E.M. & Hamers, H.J.M. & Hendrickx, R.L.P., 2001. "Operations Research Games : A Survey," Discussion Paper 2001-45, Tilburg University, Center for Economic Research.
- Borm, P.E.M. & Hamers, H.J.M. & Hendrickx, R.L.P., 2001. "Operations research games : A survey," Other publications TiSEM 755a430b-592f-400b-ba18-9, Tilburg University, School of Economics and Management.
When requesting a correction, please mention this item's handle: RePEc:vnm:wpaper:191. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marco LiCalzi)
If references are entirely missing, you can add them using this form.