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Price-Setting Auctions for Airport Slot Allocation: a Multi-Airport Case Study

Ricardo, Herranz
•
David, Toribio
•
Mario, Ramírez
altro
Tatjana, BoliÄ
2015
  • conference object

Abstract
ACCESS (www.access-sesar.eu) is a SESAR WPE research project that addresses the study of market-based mechanisms for airport slot allocation from the perspective of agent-based computational economics. In this paper, we present the airport slot allocation simulation model developed by ACCESS and we apply it to the evaluation of primary slot auctioning in a multi-airport scenario. We show how combinatorial price-setting auctions can be used to balance capacity and demand in a decentralized manner, without the need for airlines to disclose sensitive information, so that the available capacity is used by those airlines able to make best economic use of it. The end prices of the auction reveal the economic value of each slot.
Archivio
http://hdl.handle.net/11368/2869835
info:eu-repo/semantics/altIdentifier/scopus/2-s2.0-85018768866
http://www.sesarju.eu/sites/default/files/documents/sid/2015/SIDs_2015_paper_16.pdf
Diritti
closed access
license:digital rights management non definito
FVG url
https://arts.units.it/request-item?handle=11368/2869835
Soggetti
  • airport slot allocati...

  • combinatorial auction...

  • auction engineering

  • agent-based computati...

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