Auctioning airport slots (?)
Nicolas Gruyer and
Nathalie Lenoir ()
Additional contact information
Nicolas Gruyer: LEEA (air transport economics laboratory), ENAC
Nathalie Lenoir: LEEA (air transport economics laboratory), ENAC
No 1, Economics Working Papers from LEEA (air transport economics laboratory), ENAC (french national civil aviation school)
The current allocation of slots on congested European airports constitutes an obstacle to the effective liberalisation of air transportation undertaken in Europe. With a view to favouring efficient slot utilisation and competition, as is the goal of the European commission, we propose to use a market mechanism, based on temporary utilisation licences. In order to allocate those licences, we propose and describe an iterated combinatorial auction mechanism where a percentage of licences would be reallocated each season. A secondary market would also be set up in order to reallocate slots during a season. Since a combinatorial auction involve a complex optimisation procedure, we describe how it can be made to work in the case of auctions.
Keywords: slots; airports; licence; auction; combinatorial (search for similar items in EconPapers)
JEL-codes: D44 L93 L98 H54 (search for similar items in EconPapers)
Note: Type of Document - pdf; pages: 18.
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable (http://www.enac.fr/recherche/leea/documents/GruyerLenoirAuctioningSlots.pdf [302 Found]--> http://188.8.131.52/recherche/leea/documents/GruyerLenoirAuctioningSlots.pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:enc:abcdef:auction1
Access Statistics for this paper
More papers in Economics Working Papers from LEEA (air transport economics laboratory), ENAC (french national civil aviation school)
Contact information at EDIRC.
Series data maintained by (). This e-mail address is bad, please contact .