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Persistent link: https://www.econbiz.de/10012180389
We examine the potential for a simple auction to allocate arrival slots during Ground Delay Programs (GDP's) more efficiently than the currently used sys- tem. The analysis of these auctions uses Predictive Game Theory (PGT) Wolpert and Bono (2010a,b), a new approach that produces a probability...
Persistent link: https://www.econbiz.de/10013093563
Conventionally, game theory predicts that the joint mixed strategy of players in a noncooperative game will satisfy some equilibrium concept. Relative probabilities of the joint strategies satisfying the concept are unspecified, and all strategies not satisfying it are assigned probability zero....
Persistent link: https://www.econbiz.de/10014216189