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Impact of cost approximation on the efficiency of collaborative regulation resolution mechanisms

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  • Gurtner, Gérald
  • Bolić, Tatjana

Abstract

Air Traffic Flow Management (ATFM) measures are often used to alleviate capacity demand imbalances. Usually, these measures impose a departure delay on flights crossing the airspace in question, where delay is assigned on a “First Planned First Served†(FPFS) base, which minimises total delay. Since delays typically have a different impact on individual flights in terms of cost, a procedure based on cost minimisation could reduce delay-related costs. User-Driven Prioritisation Process (UDPP) is developing a set of solutions aimed at allowing airlines to rearrange their flights within their own slots assigned by the FPFS rule. Inter-airline cost reducing approaches are still missing, but several works have been launched in this direction, using either central optimisations or market-based mechanisms.

Suggested Citation

  • Gurtner, Gérald & Bolić, Tatjana, 2023. "Impact of cost approximation on the efficiency of collaborative regulation resolution mechanisms," Journal of Air Transport Management, Elsevier, vol. 113(C).
    • Handle: RePEc:eee:jaitra:v:113:y:2023:i:c:s096969972300114x
    DOI: 10.1016/j.jairtraman.2023.102471
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    References listed on IDEAS

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    1. Gurtner, Gérald & Cook, Andrew, 2021. "The hidden cost of uncertainty for airspace users," Journal of Air Transport Management, Elsevier, vol. 91(C).
    2. Ivanov, Nikola & Jovanović, Radosav & Fichert, Frank & Strauss, Arne & Starita, Stefano & Babić, Obrad & Pavlović, Goran, 2019. "Coordinated capacity and demand management in a redesigned Air Traffic Management value-chain," Journal of Air Transport Management, Elsevier, vol. 75(C), pages 139-152.
    3. Thaler, Richard, 1980. "Toward a positive theory of consumer choice," Journal of Economic Behavior & Organization, Elsevier, vol. 1(1), pages 39-60, March.
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