Managing a hub successfully imply the interaction of numerous actors, both public andprivate operating at a local, national and international level. Such a complexity imply that,rather than the content of the single decision, it is important to understand those dynamicsemerging from an articulated system of decisions. In order to improve the quality of the singledecisions, it is required the ability to generate valid systemic conceptual models aimed at theunderstanding of the long term consequences, avoiding counterintuitive and undesirableresults.This paper constitutes the outcome of the continuation of a research project started in 1999and can be considered the result of the second evolution of the hub model. A first evalotion ofthe model had been presented in a paper written 2000. While the 2000 paper focusedparticularly on a hub creation, this paper focuses on hub management and the economicimpact of managerial choices.The paper is articulated in three parts: The first is dedicated to the statement of the problem;dilemmas, possible strategies and key decisions related to the creation of a hub are discussed.In the second part the systemic conceptual model is presented with reference to a simulatedEuropean airport context. In the last section some consideration about the implication interms of decision making, economic impact, the directions proposed by the model and thepossibility to generalise it in other systemic context are explored.
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