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Evaluating the Impacts of Passengers’ Rights Policy on the Competitiveness of Airlines and Airport Operators Using the Dynamic Programming Approach

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Listed:
  • Christina Nikolova
  • Veronika Garkova

Abstract

The passengers’ rights protection policy is crucial for providing the quality of air transport services and has a significant impact on the competitiveness of airlines and airport operators. This impact can be measured by defining a system of quantitative and qualitative indicators and can be managed by adopting adequate efficiency-enhancing measures of this policy that contribute to the greater competitiveness of all the players in the European air transport market. The study aims to present the opportunities of a dynamic programming approach to enhance the efficiency of passenger rights’ protection policy in terms of the competitiveness of airlines and airport operators. The application of the model has been empirically tested and, on this basis, a proposal to update the passengers’ rights protection policy has been worked out by the authors and the expected impacts and effects of its implementation have been examined.

Suggested Citation

  • Christina Nikolova & Veronika Garkova, 2022. "Evaluating the Impacts of Passengers’ Rights Policy on the Competitiveness of Airlines and Airport Operators Using the Dynamic Programming Approach," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 94-117.
    • Handle: RePEc:bas:econst:y:2022:i:1:p:94-117
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy

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