Youngsub, Chun; Çağatay, Kayi; Chun-Hsien, Yeh - Graduate School of Business and Economics (GSBE), … - 2008
We consider the problem of sharing the cost of a public facility among agents who have different needs for it. We base two characterizations of the sequential equal contributions rule on smallest-cost consistency. Namely, (i) the rule is the only rule satisfying equal treatment of equals,...