Cost allocation and airport problems

We consider the problem of dividing the cost of a facility when agents can be ordered in terms of the need they have for it, and accommodating an agent with a certain need allows accommodating all agents with lower needs at no extra cost. This problem is known as the “airport problem”, the facility being the runway. We review the literature devoted to its study, and formulate a number of open questions.

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Year of publication:	2007-12
Authors:	Thomson, William
Institutions:	University of Rochester - Center for Economic Research (RCER)
Subject:	airport problem \| monotonicity \| consistency \| core \| Shapley value \| nucleolus

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Extent:	application/pdf
Series:	RCER Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 537 45 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005808158