Journal article

Primary auction of slots at European airports

Abstract:: We use the Vickrey–Clarke–Groves auction mechanism to propose a system of primary auctions of slots at congested European airports. The system would ensure allocative efficiency and would be incentive-compatible, flexible, understandable, implementable and transparent. Only 10% of slots would be auctioned per year. The current slot coordination mechanism used in Europe, based on historic use of slots, would thus be phased out and disappear within a decade.

Publication status:: Published

Peer review status:: Peer reviewed

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APA Style

Pertuiset, T., & Santos, G. (2014). Primary auction of slots at European airports. Research in Transportation Economics, 45, 66–71.

MLA Style

Pertuiset, T, and G Santos. “Primary Auction of Slots at European Airports.” Research in Transportation Economics, vol. 45, 2014, pp. 66–71.

Chicago Style

Pertuiset, T, and G Santos. 2014. “Primary Auction of Slots at European Airports.” Research in Transportation Economics 45: 66–71.
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Publisher copy:: 10.1016/j.retrec.2014.07.009

Authors

+ Pertuiset, T More by this author

Institution:: University of Oxford
Division:: SSD
Department:: SOGE
Sub department:: Transport Studies Unit
Role:: Author

+ Santos, G More by this author

Institution:: University of Oxford
Division:: SSD
Department:: SOGE
Sub department:: Transport Studies Unit
Role:: Author

+ Economic and Social Research Council More from this funder

Grant:: RES-000-22-0896

Publisher:: Elsevier
Journal:: Research in Transportation Economics More from this journal
Volume:: 45
Pages:: 66-71
Publication date:: 2014-09-01
DOI:: 10.1016/j.retrec.2014.07.009
ISSN:: 0739-8859

Language:: English
UUID:: uuid:0d005ef3-df4e-417e-a7d2-8060d03c73d2
Local pid:: ora:10598
Deposit date:: 2015-03-13
ARK identifier:: ark:/29072/ora_0d005ef3df4e417ea7d28060d03c73d2

Terms of use

Copyright holder:: Elsevier Ltd
Copyright date:: 2014
Notes:: © 2014 Published by Elsevier Ltd.

Licence:: Terms and Conditions of Use for Oxford University Research Archive

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