Showing 1 - 10 of 16,134
two standard axioms of Additivity and Dummy, and the property of No Merging or Splitting: agents never find it profitable …
Persistent link: https://www.econbiz.de/10005353207
We consider a cost sharing problem, where each individual is identi ed by a characteristic (a positive real number) ci: The two main positions on how to share a common cost M are the Egalitarian and the Proportional solutions. These solutions can be obtained as the Perron's eigenvectors (right...
Persistent link: https://www.econbiz.de/10010991678
A set of jobs need to be served by a server which can serve only one job at a time. Jobs have processing times and incur waiting costs (linear in their waiting time). The jobs share their costs through compensation using monetary transfers. In the first part, we provide an axiomatic...
Persistent link: https://www.econbiz.de/10005043634
A group of agents participate in a cooperative enterprise producing a single good. Each participant contributes a particular type of input; output is nondecreasing in these contributions. How should it be shared? We analyze the implications of the axiom of Group Monotonicity: if a group of...
Persistent link: https://www.econbiz.de/10005545645
The Serial Cost Sharing Rule has been conceived originally for problems where agents ask for different quantities of an homogeneous private good, the sum of which is produced by a single facility. Two important features of this rule is the equal treatment of equal demands and the protection it...
Persistent link: https://www.econbiz.de/10005696462
We consider an extension of minimum cost spanning tree (mcst) problems where some agents do not need to be connected to the source, but might reduce the cost of others to do so. Even if the cost usually cannot be computed in polynomial time, we extend the characterization of the Kar solution...
Persistent link: https://www.econbiz.de/10010683541
We offer an axiomatization of the serial cost-sharing method of Friedman and Moulin (1999). The key property in our axiom system is Group Demand Monotonicity, asking that when a group of agents raise their demands, not all of them should pay less.
Persistent link: https://www.econbiz.de/10008617052
A group of agents participate in a cooperative enterprise producing a single good. Each participant contributes a particular type of input; output is nondecreasing in these contributions. How should it be shared? We analyze the implications of the axiom of Group Monotonicity: if a group of...
Persistent link: https://www.econbiz.de/10008671572
We offer an axiomatization of the serial cost-sharing method of Friedman and Moulin (1999). The key property in our axiom system is Group Demand Monotonicity, asking that when a group of agents raise their demands, not all of them should pay less.
Persistent link: https://www.econbiz.de/10008679145
We present a new model for cost sharing in minimum cost spanning tree problems, so that the planner can identify the agents that merge. Under this new framework, and as opposed to the traditional model, there exist rules that satisfy merge-proofness. Besides, by strengthening this property and...
Persistent link: https://www.econbiz.de/10011204419