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Assignment of Arrival Slots

Listed author(s):
  • James Schummer
  • Rakesh V. Vohra
Registered author(s):

    Industry participants agree that, when inclement weather forces the FAA to reassign airport landing slots, incentives and property rights should be respected. We show that the FAA's Compression algorithm is incentive compatible, but fails to guarantee a form of property rights. This is significant since these conditions were the motivation for introducing Compression a decade ago. We give an alternative mechanism that does satisfy these conditions. It has the flavor of Top Trading Cycle variants of Abdulkadiroğlu and Sönmez (1999) and Pápai (2000) for related but distinct models. Finally, both mechanisms may fail another condition: the incentive to vacate unusable landing slots. (JEL D45, D82, L93, L98, P14, R41)

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    Article provided by American Economic Association in its journal American Economic Journal: Microeconomics.

    Volume (Year): 5 (2013)
    Issue (Month): 2 (May)
    Pages: 164-185

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    Handle: RePEc:aea:aejmic:v:5:y:2013:i:2:p:164-85
    Note: DOI: 10.1257/mic.5.2.164
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    1. Lars Ehlers & Bettina Klaus, 2003. "Coalitional strategy-proof and resource-monotonic solutions for multiple assignment problems," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 21(2), pages 265-280, October.
    2. Murat Atlamaz & Bettina Klaus, 2007. "Manipulation via Endowments in Exchange Markets with Indivisible Goods," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 28(1), pages 1-18, January.
    3. Abdulkadiroglu, Atila & Sonmez, Tayfun, 1999. "House Allocation with Existing Tenants," Journal of Economic Theory, Elsevier, vol. 88(2), pages 233-260, October.
    4. Kan Chang & Ken Howard & Rick Oiesen & Lara Shisler & Midori Tanino & Michael C. Wambsganss, 2001. "Enhancements to the FAA Ground-Delay Program Under Collaborative Decision Making," Interfaces, INFORMS, vol. 31(1), pages 57-76, February.
    5. Mehmet C. Demirci & Andrew J. Schaefer & H. Edwin Romeijn & Mark S. Roberts, 2012. "An Exact Method for Balancing Efficiency and Equity in the Liver Allocation Hierarchy," INFORMS Journal on Computing, INFORMS, vol. 24(2), pages 260-275, May.
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