Airport slot allocation in Europe: economic efficiency and fairness

Lorenzo Castelli (), Paola Pellegrini () and Raffaele Pesenti ()
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Lorenzo Castelli: DEEI, University of Trieste
Paola Pellegrini: Dept. of Applied Mathematics, University of Venice

No 197, Working Papers from Department of Applied Mathematics, Università Ca' Foscari Venezia

Abstract: We propose a mechanism for solving the airport slot allocation problem in Europe. We consider the interdependence of the slots at different airports, and we maximize the efficiency of the system. Through an experimental analysis we quantitatively assess the cost imposed by grandfather rights, which constitute one of the main principles of the current slot allocation mechanism. Moreover, we introduce the possibility to fairly redistribute costs among airlines through monetary compensations. Our results suggest that it is possible to remove grandfather rights without significantly penalizing airlines.

Keywords: Air Traffic Management; Airport slot allocation; Compensation mechanism; SESAR. (search for similar items in EconPapers)
JEL-codes: C44 C61 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2010-06
New Economics Papers: this item is included in nep-eur, nep-exp and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Related works:
Journal Article: Airport slot allocation in Europe: economic efficiency and fairness (2012)
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