A Non-cooperative Mechanism Yielding the Nucleolus of Airport Problems
M. J. Albizuri (),
J. M. Echarri () and
J. M. Zarzuelo ()
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M. J. Albizuri: The University of the Basque Country
J. M. Echarri: The University of the Basque Country
J. M. Zarzuelo: The University of the Basque Country
Group Decision and Negotiation, 2018, vol. 27, issue 1, No 8, 153-163
Abstract:
Abstract A non-cooperative approach is employed to solve the problem of allocating the total cost of building and maintaining an airport runway among its users. More precisely, it is proposed a non-cooperative bargaining game with a unique subgame perfect equilibrium (SPE) outcome, and it is shown that the SPE outcome payoffs coincide with those prescribed by the nucleolus of the corresponding airport cooperative game.
Keywords: Airport problem; Non-cooperative mechanisms; Nucleolus; 91A12; 91A35; 91A80 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:grdene:v:27:y:2018:i:1:d:10.1007_s10726-017-9551-9
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DOI: 10.1007/s10726-017-9551-9
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