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A Non-cooperative Mechanism Yielding the Nucleolus of Airport Problems

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Listed:
  • 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)

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.

Suggested Citation

  • M. J. Albizuri & J. M. Echarri & J. M. Zarzuelo, 2018. "A Non-cooperative Mechanism Yielding the Nucleolus of Airport Problems," Group Decision and Negotiation, Springer, vol. 27(1), pages 153-163, February.
    • Handle: RePEc:spr:grdene:v:27:y:2018:i:1:d:10.1007_s10726-017-9551-9
    DOI: 10.1007/s10726-017-9551-9
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