Business and Economic Concepts for a Privacy-Preserving Marketplace for ATFM Slots

In case of a congestion in the European air traffic network, the Network Manager issues a regulation which causes flights to be allocated a new slot. The current operating procedure is to use a first-planned first-served (FPFS) policy to allocate new slots to the flights. Since different flights have different cost structures, the FPFS policy may not be optimal in terms of overall economic utility...