Using the Continuum Equilibrium Approach to Solve Airport Competition Problems : Computational and Application Issues

This chapter presents a computational method using the continuum equilibrium approach to solve airport competition problems. The mathematical formulation and solution algorithm are given. The Hong Kong-Pearl River Delta region is used as a case study to demonstrate the effectiveness of the approach in solving real-life large-scale airport competition problems. Behavioral choices of both international and domestic air travelers in the region are modeled. The results show the distinctive value of the continuum approach in understanding the spatial dynamics of air passenger flows in multi-airport regions