The Shapley Value as Aircraft Landing Fees--Revisited

Pradeep Dubey

Management Science, 1982, vol. 28, issue 8, 869-874

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.

Keywords: games/group; decisions (search for similar items in EconPapers)
Date: 1982
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Citations: View citations in EconPapers (37)

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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:28:y:1982:i:8:p:869-874

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