Airport utility stochastic optimization models for air traffic flow management
Ronald Wesonga
European Journal of Operational Research, 2015, vol. 242, issue 3, 999-1007
Abstract:
The complexity of air traffic flow management has its groundwork at an airport and increases with the number of daily aircraft departures and arrivals. To adequately contribute toward an accelerated air traffic flow management (ATfM), multivariate statistical models were developed based on airport utility. The utility functions were derived from daily probabilities of airport delay and inefficiencies computed using parameterized statistical models. The estimates were based on logistic and stochastic frontier models to derive distribution functions from which daily airport utilities were estimated. Data for testing and model simulations are daily aggregates spanning a five year period, collected from Entebbe International Airport.
Keywords: Probability; Airport utility; Logistic model; Frontier model; Inefficiency (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:242:y:2015:i:3:p:999-1007
DOI: 10.1016/j.ejor.2014.10.042
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