Specific Challenge:
The application of economic models supports well targeted policy making. However, current economic models applied in ATM are often normative, thus making a number of assumptions about agent rationality that have been demonstrated not to work in practice in several cases. This is because real decision are often not fully rational. An assessment of novel ATM concepts using behavioural economics in ATM at an early design stage could help to predict the actual behaviour of ATM stakeholders and inform decisions about the specific design of the concepts and policy decision making related to their introduction.
Scope:Proposals and their research activities may investigate the application of behavioural economics to improve economic models in ATM by integrating an improved prediction of actual stakeholder behaviour. These activities should provide insights into how to incentivise desirable behavioural change and enable better decisions though incentives, policies, etc. Proposals should suggest a specific application and justify their selection by explaining the expected benefits of applying behavioural economics for this application.
For example, proposals may investigate suggested business changes that are expected to bring significant benefits to the ATM network and analyse how their introduction may impact the behaviour of stakeholders. The research activities are expected to provide new insights on the expected benefits and recommendations for investigated business changes. In particular proposals may, for example:
These examples are indicative and proposal may suggest to apply behavioural economics to other decision processes if this can be duly justified.
Expected Impact:The research will make it possible to provide a better prediction of stakeholder behaviour and contribute to inform policy making so that behaviour that improves the overall system performance be realised.