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The Shapley Value as Aircraft Landing Fees--Revisited

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  • Pradeep Dubey

    (Yale University)

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.

Suggested Citation

  • Pradeep Dubey, 1982. "The Shapley Value as Aircraft Landing Fees--Revisited," Management Science, INFORMS, vol. 28(8), pages 869-874, August.
  • Handle: RePEc:inm:ormnsc:v:28:y:1982:i:8:p:869-874
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    File URL: http://dx.doi.org/10.1287/mnsc.28.8.869
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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. 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, University of Southern Denmark, Department of Business and Economics.
    3. Peter Borm & Herbert Hamers & Ruud Hendrickx, 2001. "Operations research games: A survey," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 9(2), pages 139-199, December.
    4. Hougaard, Jens Leth & Moulin, Hervé, 2014. "Sharing the cost of redundant items," Games and Economic Behavior, Elsevier, vol. 87(C), pages 339-352.
    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. Youngsub Chun & Boram Park, 2016. "The airport problem with capacity constraints," Review of Economic Design, Springer;Society for Economic Design, vol. 20(3), pages 237-253, September.
    7. Pradeep Dubey, 2018. "Intuitive Solutions in Game Representations: The Shapley Value Revisited," Cowles Foundation Discussion Papers 2123, Cowles Foundation for Research in Economics, Yale University.
    8. 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).
    9. Vazquez-Brage, M. & van den Nouweland, A. & Garcia-Jurado, I., 1997. "Owen's coalitional value and aircraft landing fees," Mathematical Social Sciences, Elsevier, vol. 34(3), pages 273-286, October.
    10. Vásquez-Brage, M. & van den Nouweland, C.G.A.M. & García-Jurado, I., 1995. "Owen's coalitional value and aircraft landing fees," Discussion Paper 1995-104, Tilburg University, Center for Economic Research.
    11. Pradeep Dubey, 2018. "Intuitive Solutions in Game Representations: The Shapley Value Revisited," Department of Economics Working Papers 18-01, Stony Brook University, Department of Economics.
    12. Miklós Pintér & Anna Radványi, 2013. "The Shapley value for shortest path games: a non-graph-based approach," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 21(4), pages 769-781, December.
    13. 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.
    14. 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.

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    Keywords

    games/group decisions;

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