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.
Original language | English |
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Article number | 100218 |
Journal | Economics of Transportation |
Volume | 26-27 |
DOIs | |
Publication status | Published - 1 Jun 2021 |
Keywords
- Airlines
- Flight delays
- Schedule buffers
ASJC Scopus subject areas
- Transportation
- Economics, Econometrics and Finance (miscellaneous)