@inproceedings{bono2014decision-theoretic,
author = {Bono, James and Grana, Justin and Wolpert, David and Xie, Dongping},
title = {Decision-Theoretic Prediction and Policy Design of GDP Slot Auctions},
booktitle = {AIAA 2014},
year = {2014},
month = {June},
abstract = {We examine the potential for a simple auction to allocate arrival slots during Ground Delay Programs (GDPs) more efficiently than the currently used system. We find that the second-price slot auction has the potential to lower social costs but further analysis is needed to determine which pre-GDP schedules are best suited for an auction. The analysis of these auctions uses Predictive Game Theory (PGT) Wolpert and Bono (2013, 2010), a new approach that produces a probability distribution over strategies instead of an equilibrium set. Furthermore, the slot auction game of this paper represents the first application of PGT to a game of imperfect information and to a pure strategy space.},
url = {http://approjects.co.za/?big=en-us/research/publication/decision-theoretic-prediction-and-policy-design-of-gdp-slot-auctions/},
}