long-run investments

Airport Capacity Extension, Fleet Investment, and Optimal Aircraft Scheduling in a Multi-Level Market Model: On the Effects of Market Regulations

  • Mathias Sirvent
  • Martin Weibelzahl
    • Categories (Mixed) Integer Nonlinear Programming, Game Theory, Transportation Tags , , , ,

    In this paper we present a four-level market model that accounts for airport capacity extension, fleet investment, aircraft scheduling, and ticket trade in a liberalized aviation market with independent decision makers. In particular, budget-constrained airports decide on the first level on their optimal runway capacity extension and on a corresponding airport charge. Airports anticipate optimal … Read more

    Optimal Storage and Transmission Investments in a Bilevel Electricity Market Model

  • Alexandra Märtz
  • Martin Weibelzahl
    • Categories Applications - OR and Management Sciences, Finance and Economics, Transportation Tags , , , , ,

    This paper analyzes the interplay of transmission and storage investments in a multistage game that we translate into a bilevel market model. In particular, on the first level we assume that a transmission system operator chooses an optimal line investment and a corresponding optimal network fee. On the second level we model competitive firms that … Read more