6533b822fe1ef96bd127cc99

RESEARCH PRODUCT

Modelling Airlines Competition on Fares and Frequencies of Service by Bi-level Optimization

Pietro ZitoGiuseppe SalvoLuigi La Franca

subject

Operations researchBilevel optimization Game theory Airlines High speed railmedia_common.quotation_subjectBilevel optimizationMode (statistics)AirlinesBilevel optimizationHigh speed railTransport engineeringCompetition (economics)Settore ICAR/05 - TrasportiService (economics)General Materials ScienceBusinessGame theoryGame theorymedia_common

description

Abstract The research aims to understand how airlines make operative decisions on fares and frequencies of service in a competitive envi-ronment. A game approach has been developed to model the airlines’ choices in a duopolistic market. In particular, the short haul market for intercity linkages has been investigated. In this segment the air mode is in competition with other ground modes (i.e. road and high speed rail). A bi-level optimization program has been realized. The variables of model are: fares and frequencies of airlines.

yearjournalcountryeditionlanguage
2011-01-01
10.1016/j.sbspro.2011.08.117http://hdl.handle.net/10447/61939