Multi-airport system management strategies considering air-rail intermodality and social welfare
Shuhua Hou,
Zhen Zhang,
Jiaxin Peng and
Xin Chen
Transportation Research Part E: Logistics and Transportation Review, 2025, vol. 194, issue C
Abstract:
The resource allocation and utilization efficiency in multi-airport systems can be significantly enhanced through the implementation of effective management strategies, thereby enhancing transportation efficiency in these critical transportation hubs. This study proposes a decision-making model for governments, airports, and air carriers operating within multi-airport systems, incorporating network structures that encompass both air-rail intermodal connectivity and direct route options. A backward induction method is employed to conduct a comparative analysis of social welfare between group management and localized management strategies for multi-airport systems. The results demonstrate that the group management strategy represents the Nash equilibrium, as it ensures the maximization of social welfare while maintaining alignment with public welfare objectives. Further examination of high-speed rail unit operating costs reveals a potential Prisoner’s Dilemma that the management departments may encounter. When the high-speed rail unit operating costs fall below a critical threshold, total social welfare under the localized management strategy surpasses that of the group management strategy for multi-airport systems. Moreover, higher airline revenue proportions derived from air-rail intermodal services may mitigate the likelihood of encountering a Prisoner’s Dilemma, as the critical value of high-speed rail unit operating cost increases with the increase of airline revenue proportions. These findings provide valuable insights for policymakers and stakeholders in designing effective multi-airport system management strategies, integrating both operational efficiency and social welfare maximization.
Keywords: Multi-airport system; Management strategies; Air-rail intermodality; Social welfare; Decision-making (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554524004733
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:194:y:2025:i:c:s1366554524004733
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/bibliographic
http://www.elsevier. ... 600244/bibliographic
DOI: 10.1016/j.tre.2024.103882
Access Statistics for this article
Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley
More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().