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Fair Revenue Sharing Mechanisms for Strategic Passenger Airline Alliances

Download or Read eBook Fair Revenue Sharing Mechanisms for Strategic Passenger Airline Alliances PDF written by Demet Çetiner and published by Springer Science & Business Media. This book was released on 2013-04-03 with total page 180 pages. Available in PDF, EPUB and Kindle.
Fair Revenue Sharing Mechanisms for Strategic Passenger Airline Alliances
Author :
Publisher : Springer Science & Business Media
Total Pages : 180
Release :
ISBN-10 : 9783642358227
ISBN-13 : 3642358225
Rating : 4/5 (27 Downloads)

Book Synopsis Fair Revenue Sharing Mechanisms for Strategic Passenger Airline Alliances by : Demet Çetiner

Book excerpt: ​A major problem arising in airline alliances is to design allocation mechanisms determining how the revenue of a product should be shared among the airlines. The nucleolus is a concept of cooperative game theory that provides solutions for allocating the cost or benefit of a cooperation. This work provides fair revenue proportions for the airline alliances based on the nucleolus, which assumes a centralized decision making system. The proposed mechanism is used as a benchmark to evaluate the fairness of the revenue sharing mechanisms, where the alliance partners behave selfishly. Additionally, a new selfish revenue allocation rule is developed that improves the performance of the existing methods.


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