G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10386
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
URLhttps://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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