search query: @author Daniel, J. / total: 3
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| Author: | Daniel, J. |
| Title: | Congestion pricing and capacity of large hub airports: a bottleneck model with stochastic queues |
| Journal: | Econometrica
1995 : MAR, VOL. 63:2, p. 327-370 |
| Index terms: | PRICING CAPACITY MODELS |
| Language: | eng |
| Abstract: | Thios paper models and estimates congestion prices and capacity for large hub airports. The model includes stochastic queues, time-varying traffic rates, and endogenous, intertemporal adjustment of traffic in response to queuing delay and fees. Relative costs of queuing and schedule delays are estimated using data from Minneapolis - St. Paul. Simulations calculate equilibrium traffic patterns, queuing delays, schedule delays, congestion fees , airport revenues, airport capacity, and efficiency gains. |
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