Measuring the cost of resilience

Andrew Cook, Luis Delgado, Graham Tanner and Cristóbal, Samuel

Journal of Air Transport Management, 2016, vol. 56, issue PA, 38-47

Abstract: Air traffic management research lacks a framework for modelling the cost of resilience during disturbance. There is no universally accepted metric for cost resilience. The design of such a framework is presented and the modelling to date is reported. The framework allows performance assessment as a function of differential stakeholder uptake of strategic mechanisms designed to mitigate disturbance. Advanced metrics, cost- and non-cost-based, disaggregated by stakeholder sub-types, are described. A new cost resilience metric is proposed and exemplified with early test data.

Keywords: Complexity; Disturbance; Investment; Metrics; Resilience; Stakeholder (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:56:y:2016:i:pa:p:38-47

DOI: 10.1016/j.jairtraman.2016.02.007

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