Title :
Combinatorial auction mechanism design for GHP slot allocation
Author :
Wang Fei ; Wang Hongyong ; Wu Yi
Author_Institution :
Air Traffic Manage. Res. Base, Civil Aviation Univ. of China, Tianjin, China
Abstract :
In order to allocate airport slots efficiently and fairly, the auction theory was used to design slot auction mechanism, including allocation rules and payment rules. Firstly, aming at the 2-2 slot trading, winner determination model was presented and solved. Secondly, the payments of airlines and traffic flow management department were calculated, following the vickrey payment rule. Thirdly, several new payment rules were proposed to meet the demand of budget balance. Finally, a example simulation was carried out. The results show that combinatorial auction can satisfy the airline´s decision-making objectives and the new payment rules can meet balanced budget requirements.
Keywords :
budgeting; commerce; decision making; transportation; GHP slot allocation; airport slot allocation; allocation rules; budget balance; combinatorial auction mechanism design; payment rules; slot auction mechanism; traffic flow management department; winner determination model; Airports; Atmospheric modeling; Decision making; Economics; Electronic mail; IEEE Press; Resource management; Air Traffic Control; Budget Balance; Combinatorial Auction Mechanism; Ground Holding Policy; Slot Allocation;
Conference_Titel :
Control Conference (CCC), 2010 29th Chinese
Conference_Location :
Beijing
Print_ISBN :
978-1-4244-6263-6