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The Shapley Value as Aircraft Landing Fees--Revisited

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  • Pradeep Dubey

    (Yale University)

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    Abstract

    We examine the axiomatic basis of the Shapley value when applied to the problem of allocating the cost of a runway among different-sized users. Our approach is to begin with a model of airport-problems and then to list---within the model---certain natural properties which an allocation ought to satisfy. It is shown that these lead uniquely to the Shapley value.

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    File URL: http://dx.doi.org/10.1287/mnsc.28.8.869
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    Bibliographic Info

    Article provided by INFORMS in its journal Management Science.

    Volume (Year): 28 (1982)
    Issue (Month): 8 (August)
    Pages: 869-874

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    Handle: RePEc:inm:ormnsc:v:28:y:1982:i:8:p:869-874

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    Keywords: games/group decisions;

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    Cited by:
    1. Norde, Henk & Fragnelli, Vito & Garcia-Jurado, Ignacio & Patrone, Fioravante & Tijs, Stef, 2002. "Balancedness of infrastructure cost games," European Journal of Operational Research, Elsevier, vol. 136(3), pages 635-654, February.
    2. Danny Ben-Shahar & Yongheng Deng & Eyal Sulganik, 2006. "Shapley Cost Allocation Coincides with Relative Status: The Case of Skyscrapers," Working Paper 8567, USC Lusk Center for Real Estate.
    3. Hougaard, Jens Leth & Tvede, Mich & Østerdal, Lars Peter, 2013. "Cost Sharing in Chains and Other Fixed Trees," Discussion Papers of Business and Economics 12/2013, Department of Business and Economics, University of Southern Denmark.
    4. Tijs, S.H. & Koster, M.A.L., 1998. "General aggregation of demand and cost sharing methods," Open Access publications from Tilburg University urn:nbn:nl:ui:12-79248, Tilburg University.
    5. Casas-Mendez, Balbina & Garcia-Jurado, Ignacio & van den Nouweland, Anne & Vazquez-Brage, Margarita, 2003. "An extension of the [tau]-value to games with coalition structures," European Journal of Operational Research, Elsevier, vol. 148(3), pages 494-513, August.
    6. Jens Leth Hougaard & Mich Tvede, 2011. "Incremental Cost Sharing in Chains and Fixed Trees," MSAP Working Paper Series 02_2011, University of Copenhagen, Department of Food and Resource Economics.
    7. Chun, Youngsub & Kayi, Çağatay & Yeh, Chun-Hsien, 2008. "Consistency and the sequential equal contributions rule for airport problems," Research Memorandum 039, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    8. Koster, M.A.L. & Molina, E. & Sprumont, Y. & Tijs, S.H., 1998. "Core Representations of the Standard Fixed Tree Game," Discussion Paper 1998-21, Tilburg University, Center for Economic Research.

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