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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10386 |
DP10386 The Social Cost of Air Traffic Delays | |
Marc Ivaldi | |
发表日期 | 2015-02-01 |
出版年 | 2015 |
语种 | 英语 |
摘要 | The so-called buffer time or buffer delay allows airlines to control for excessive delays by introducing extra time in their schedule in addition to what is technically required. . We study the differences between unregulated markets - where airlines are free to fix their buffer times strategically - and a situation where a social planner would control for time schedules, and in particular the buffer time. To do so, we use a calibrated model of a network of three cities - one of them being a hub - served by a single airline. Welfare losses that follow from delays are relatively small as compared to the potential benefits that would follow from a decrease in ticket prices. The model thus advocates that, at least for the connections that are considered, fares rather than delays should be the focus of institutions aiming at enhancing passengers? welfare. |
主题 | Industrial Organization |
关键词 | Delays Social optimum Calibration |
URL | https://cepr.org/publications/dp10386 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539217 |
推荐引用方式 GB/T 7714 | Marc Ivaldi. DP10386 The Social Cost of Air Traffic Delays. 2015. |
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