Cost-benefit analysis of investments in air traffic management infrastructures: a behavioral economics approach

HIGHLIGHTS

  • who: u00c1lvaro Rodru00edguez-Sanz and Luis Rubio Andrada from the Department of Systems, Air Transport and Airports, Universidad Politu00e9cnica de Madrid (UPM), Plaza Cardenal Cisneros, Madrid, Spain have published the research: Cost-Benefit Analysis of Investments in Air Traffic Management Infrastructures: A Behavioral Economics Approach, in the Journal: Aerospace 2023, 383 of /2023/
  • what: The authors propose a novel CBA behavioral framework for investments in ATM infrastructures to help policy makers and airport operators when faced with a capacity development decision. Recognizing the need to address the inconsistency in time discounting in traditional models leads . . .

     

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