Air traffic network equilibrium: Toward frequency, price and slot priority analysis
This paper presents a model which is aimed at developing an efficient air traffic system for given demand and airport capacity levels by the proper pricing of landing slots. A computable Nash equilibrium model is used in the context of a two-stage, game-theoretic representation of a market mechanism for slot allocation. A variational inequality formulation is then used to solve this oligopolistic air transport market model. The choice of travellers among competing airlines is represented by a logit model. Two models are proposed for pricing of landing slots: one with an exogenously determined allocation, and the second with an endogenous allocation. Each model derives the flight patterns, ticket prices, routes, and carrier choice for passengers, and landing fees. A small example is included to illustrate the properties of the models.
Year of publication: |
1992
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Authors: | Hong, Sungwook ; Harker, Patrick T. |
Published in: |
Transportation Research Part B: Methodological. - Elsevier, ISSN 0191-2615. - Vol. 26.1992, 4, p. 307-323
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Publisher: |
Elsevier |
Saved in:
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