Castelli, Lorenzo; Pellegrini, Paola; Pesenti, Raffaele - In: International Journal of Revenue Management 6 (2012) 1/2, pp. 28-44
One of the main principles of the current airport slot allocation mechanism in Europe is based on the existence of historical (also called grandfather) rights granted to airlines for using such slots. Through an experimental analysis, we quantitatively show that the system disutility (i.e. the...