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This note provides a methodological contribution to the allocation of joint revenues obtained from passepartouts. In a … unlimited number of times during a fixed period of time. The corresponding allocation problem is then how to share the total … appropriate allocation rule. …
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In this paper the efficient allocation of natural recreational areasis analysed. Natural recreational areas have the … features of publicgoods. We present the efficient allocation of this non-excludablepublic good in a rational general …
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This paper analyzes the allocation of the total toll collected in a highway among its segments. Based on different toll …
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). Finally, adding a consistency axiom, the two optimal rules are characterized in the general domain of allocation rules for two …
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We present axiomatic characterizations of the proportional division value for TU-games, a value that distributes the worth of the grand coalition in proportion to the stand-alone worths of its members. First, a new proportionality principle, called balanced treatment, is introduced by...
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For reward-based crowdfunding, we introduce the strategy-proof Generalized Moulin-Shenker mechanism (GMS) and compare its performance to the prevailing All-Or-Nothing mechanism (AON). Theoretically, GMS outperforms AON in equilibrium profit and funding success. We test these predictions...
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