Event Scheduled for Mar 2, 2012
Event: Transportation Engineering Seminar: Competition and Congestion in the National Aviation System: Multi-Agent, Multi-Stakeholder Approaches for Evaluation and Mitigation - Guest Speaker: Vikrant Vaze, Ph.D., Massachusetts Institute of Technology
Location: Classroom Building - Room 301
Time: 11:00 am
Details of Event:
"COMPETITION AND CONGESTION IN THE NATIONAL AVIATION SYSTEM: MULTI-AGENT, MULTI-STAKEHOLDER APPROACHES FOR EVALUATION AND MITIGATION"
The US National Aviation System (NAS) is a complex system with multiple, interacting agents including airlines, passengers, and system operators, each with a somewhat different set of objectives and incentives. These interactions, in turn, determine the state of the system. NAS congestion and delays result in additional operating costs and reduced profitability for the airlines, a decrease in the level-of-service to passengers, and a decrease in the efficiency of NAS resource utilization. We evaluate the congestion impacts on the NAS stakeholders while explicitly accounting for their interactions and propose congestion mitigation mechanisms that are beneficial to these different stakeholders.
We measure the extent to which the NAS capacity is being inefficiently utilized. We show that at the current level of passenger demand, delays are avoidable to a large extent if we control the negative effects of competitive airline scheduling practices, thus providing critical insights into the nature and causes of delays.
We develop a detailed framework using data fusion and discrete choice models for generating disaggregate passenger travel data. We characterize the impacts of airline network structures, schedules and operational decisions on passenger delays.
We propose a parametric game-theoretic model consistent with the most popular characterization of frequency competition. We prove that the level of congestion in a system of competing airlines is an increasing function of 1) the number of competing airlines, 2) a measure of the gross profit margin, and 3) the frequency sensitivity of passenger demand.
We propose a game-theoretic model of frequency competition under slot constraints and provide empirical and algorithmic justifications of the suitability of the Nash equilibrium solution concept for modeling these games. We devise and assess new administrative strategies for congestion mitigation. We show that a small reduction in the total number of allocated slots translates into a substantial reduction in delays, and also a considerable improvement in airlines' profits.
We develop an equilibrium model of frequency competition in the presence of delay costs and congestion prices. We find that the success of congestion pricing critically depends on the characteristics of frequency competition in individual markets. We also identify critical differences between flat pricing and marginal cost pricing. --
Speaker: Vikrant Vaze, Ph.D., Postdoctoral Research Associate, Department of Civil & Environmental Engineering, Massachusetts Institute of Technology
Target Audience: Open to All
Sponsored By: Civil and Environmental Engineering
No Pamphlet/Flyer Available