Airport demand management: The operations research and economics perspectives and potential synergies |
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Affiliation: | 1. German Aerospace Center (DLR), Institute of Air Transport and Airport Research, Lilienthalplatz 7, 38108 Braunschweig, Germany;2. German Aerospace Center (DLR), Institute of Flight Guidance, Lilienthalplatz 7, 38108 Braunschweig, Germany;1. Department of Management Science and Technology, School of Business, Athens University of Economics and Business, 76 Patission Str., Athens 104 34, Greece;2. Department of Applied Informatics, School of Information Sciences, Information Systems and e-Business (ISeB) Laboratory, University of Macedonia, 156 Egnatia Str., 546 36 Thessaloniki, Greece |
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Abstract: | Airport demand management aims to mitigate air traffic congestion by limiting the imbalances between demand and capacity at busy airports through administrative measures (e.g., slot controls) or economic incentives (e.g., congestion pricing, slot auctions). This paper provides an integrated synthesis of the contributions of the fields of operations research/management science (OR/MS) and economics on the subject matter. From an operating standpoint, assessing the benefits of demand management requires estimates of airport capacity and models of airport on-time performance. From a managerial standpoint, the design of demand management mechanisms can be supported by decision-making models of flight scheduling. From an economic standpoint, the welfare impact of congestion pricing, slot controls and slot auctions depends on the market structure at the airport. This paper proposes an integrated framework that underscores the interdependencies between these operating, managerial and economic aspects to foster cross-disciplinary approaches toward more effective demand management policies at busy airports worldwide. |
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Keywords: | Demand management Airport congestion Capacity Delays |
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