No prerequisites are required for the course. Some knowledge about the issues of Economics and Business Organization could facilitate the learning of the main topics.
To master state-of-the-art performance measurement techniques and their use in benchmarking the aviation industry. By attending this course, participants will be able to perform Stochastic Frontier Analyses and Data Envelopment Analyses. This course contributes to the aim of the master degree with regard to the understanding of the topics of economics and management, in particular if the field of industrial economics, services and regulation, and to the interactions between markets and companies.
The course will be organized in five parts: an introduction to productivity measurement, stochastic frontier modeling, the aviation supply chain, creating relevant performance applications to the aviation industry and a historical productivity perspective
- Benchmarking with DEA, SFA, and R., by Bogetoft, Peter, Otto, Lars. Springer (2011).
- The Global Airline Industry by Belobaba P., Odoni A. and Barnhart C. Wiley (2015).
Teaching will take place through lectures, but with special attention to the direct dialogue with the students. Within the course will be organized cycles of seminars with practical exercises, regarding the application of benchmarking techniques
The final grade in the course will be determined by a short paper (15%) to be agreed with the teacher, and an exam (85%). The written exam will last approximately 90 minutes and will consist of 1-2 numerical exercises and 2 open-ended theoretical questions
The exam rules are the same for both attending and non-attending students. Non-attending students are invited to contact the teacher for support in preparing the written exam and for preparing the short paper.