Decreasing serial cost sharing: an axiomatic characterization
نویسندگان
چکیده
منابع مشابه
Decreasing serial cost sharing: an axiomatic characterization
The increasing serial cost sharing rule of Moulin and Shenker (Econometrica 60:1009–1037, 1992) and the decreasing serial rule of de Frutos (J Econ Theory 79:245–275, 1998) are known by their intuitive appeal and striking incentive properties. An axiomatic characterization of the increasing serial rule was provided by Moulin and Shenker (J Econ Theory 64:178–201, 1994). This paper gives an axio...
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The equitable division of a joint cost (or a jointly produced output) among agents with different shares or types of output (or input) commodities, is a central theme of the theory of cooperative games with transferable utility. Ever since Shapley’s seminal contribution in 1953, this question has generated some of the deepest axiomatic results of modern microeconomic theory. More recently, the ...
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A new serial cost sharing rule, called mixed serial cost sharing, is defined on the class of cost functions which equal a sum of an increasing convex and increasing concave function. This rule is based on a particular decomposition principle known as complementary-slackness decomposition and it coincides with the original serial rule of Moulin and Shenker (1992) [Moulin, H., Shenker, S., 1992. ...
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ژورنال
عنوان ژورنال: International Journal of Game Theory
سال: 2009
ISSN: 0020-7276,1432-1270
DOI: 10.1007/s00182-009-0165-6