In the Air Traffic Management sector, usury can be a problem. Many people are advocating the use of market mechanisms in Air Traffic Management. But an airline should not be able to sell a slot against an usurious price. The Spender-signed currency system, proposed in this thesis, makes it possible to counteract usurers. In this currency system, every user must sign every credit it uses. Value of a credit is determined according to the signatures on it. Using these credits, agents can now robustly counteract an usurer.
ISBN 978-90-393-4908-3
Geert Jonker
The Spender-signed currency system thus allows introduction of market mechanisms in Air Traffic Management. It also has interesting properties for airlines grouped in alliances; they can now engage in a higher level of collaboration withouth having to be afraid of indirectly helping their competitors.
Efficient and Equitable Exchange in Air Traffic Management Plan Repair using Spender-signed Currency
Normally, it is not easy to counteract usurers. An usurer has something that is very much needed by someone else, and can therefore ask a very high price.
Efficient and Equitable Exchange in Air Traffic Management Plan Repair using Spender-signed Currency
Efficient and Equitable Exchange in Air Traffic Management Plan Repair using Spender-signed Currency
Efficient and Equitable Exchange in Air Traffic Management Plan ...
Efficient and Equitable Exchange in Air Traffic Management Plan R epair using Spender-signed Currency. Geert Jon ker. Normally, it is not easy to coun-.
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