Cost allocation and airport problems

William Thomson

Mathematical Social Sciences, 2024, vol. 131, issue C, 17-31

Abstract: We consider the problem of dividing the cost of a facility when agents can be ordered in terms of the needs 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.

Keywords: Airport problem; Monotonicity; Consistency; Core; Shapley value; Nucleolus (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165489624000386
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:matsoc:v:131:y:2024:i:c:p:17-31

DOI: 10.1016/j.mathsocsci.2024.03.007

Access Statistics for this article

Mathematical Social Sciences is currently edited by J.-F. Laslier

More articles in Mathematical Social Sciences from Elsevier
Bibliographic data for series maintained by Catherine Liu ().