THE ALLOCATION OF RUNWAY SLOTS BY AUCTION. VOLUME II. THE AIRLINE MANAGEMENT GAME AND SLOT AUCTION TESTING

The allocation of runway slots at the high-density airports by means of an auction is studied. Previous approaches to slot auctions have not allowed for the interdependency of slot values to the air carriers--a single slot for a landing of an aircraft is likely to be of little value without a corresponding slot for a subsequent take-off of that aircraft. A Slot Exchange Auction is designed, its theoretical properties and practical implementation discussed. It is shown to allow the slot market to reach an efficient equilibrium under competitive conditions. The Airline Management Game is used to create a simulation test of the Slot Exchange Auction and its associated continuous market, the slot exchange. (Author)

  • Supplemental Notes:
    • Prepared in cooperation with Flight Transportation Associations. See also Volume 3, AD-A085 455. Availability: Microfiche copies only.
  • Corporate Authors:

    ECON, Incorporated

    900 State Road
    Princeton, NJ  United States  08648

    Federal Aviation Administration

    800 Independence Avenue, SW
    Washington, DC  United States  20591
  • Authors:
    • SAND, F M
    • BALINSKI, M L
  • Publication Date: 1980-4-15

Media Info

  • Pagination: 177 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00318155
  • Record Type: Publication
  • Source Agency: National Technical Information Service
  • Report/Paper Numbers: FAA-AVP-80-3-VOL-2
  • Contract Numbers: DOT-FA79WA-4374
  • Files: NTIS, USDOT
  • Created Date: Sep 16 2002 12:00AM