This paper revisits the airline schedule-buffer choice problem analyzed by Brueckner et al. (2021) using a simpler model where the random shocks influencing flight times are discrete rather than continuous. The analysis yields closed-form solutions for the flight and ground buffers as well as full comparative-static results, neither of which were available in the earlier paper. The paper also explores several extensions to the model that were not present in the previous paper. Highlights • Paper develops discrete version of buffer model of Brueckner et al. (2021). • Random shock affecting flight times is discrete rather than continuous. • Analysis yields closed-form solutions and full comparative statics. • Provides further insight into airline’s choice of schedule buffers.

Airline schedule buffers and flight delays: A discrete model

Gaggero, Alberto A.
2021-01-01

Abstract

This paper revisits the airline schedule-buffer choice problem analyzed by Brueckner et al. (2021) using a simpler model where the random shocks influencing flight times are discrete rather than continuous. The analysis yields closed-form solutions for the flight and ground buffers as well as full comparative-static results, neither of which were available in the earlier paper. The paper also explores several extensions to the model that were not present in the previous paper. Highlights • Paper develops discrete version of buffer model of Brueckner et al. (2021). • Random shock affecting flight times is discrete rather than continuous. • Analysis yields closed-form solutions and full comparative statics. • Provides further insight into airline’s choice of schedule buffers.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11571/1438834
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