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Airline schedule buffers and flight delays: A discrete model

Jan K. Brueckner, Achim I. Czerny and Alberto A. Gaggero

Economics of Transportation, 2021, vol. 26-27

Abstract: This paper revisits the airline schedule-buffer choice problem analyzed by Brueckner et al. (2021) using a simpler model where the random shocks influencing flight times are discrete rather than continuous. The analysis yields closed-form solutions for the flight and ground buffers as well as full comparative-static results, neither of which were available in the earlier paper. The paper also explores several extensions to the model that were not present in the previous paper.

Keywords: Schedule buffers; Flight delays; Airlines (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1016/j.ecotra.2021.100218

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