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distribution to model the cost and physical parameters of real life accounting numbers into the Statistical Activity Cost Theory …
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We consider three new axioms for surplus sharing problems. The first is strong monotonicity which says that workers should be rewarded for increases in productivity and the second says that productive workers should receive some compensation. The third requires that the surplus sharing rule...
Persistent link: https://www.econbiz.de/10005750161
We consider three new axioms for surplus sharing problems. The first is strong monotonicity which says that workers should be rewarded for increases in productivity and the second says that productive workers should receive some compensation. The third requires that the surplus sharing rule...
Persistent link: https://www.econbiz.de/10005753132
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We provide several new characterizations of well known cost sharing methods (CSMs) as maxima of linear (or convex) functionals. For the Shapley-Shubik method the characterization has an interpretation in terms of randomly ordered agents choosing their most preferred CSM, while the...
Persistent link: https://www.econbiz.de/10005839045
allocation procedures reported in literature under the scope of the social welfare theory in order to assess its impact in the …
Persistent link: https://www.econbiz.de/10008539089
The weighted value was introduced by Shapley in 1953 as an asymmetric version of his value. Since then several approximations have been proposed including one by Shapley in 1981 specifically addressed to cost allocation, a context in which weights appear naturally. It was at the occasion of a...
Persistent link: https://www.econbiz.de/10008550201