An Axiomatization of the Serial Cost-Sharing Method
Yves Sprumont (yves.sprumont@deakin.edu.au)
Cahiers de recherche from Universite de Montreal, Departement de sciences economiques
Abstract:
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.
Keywords: Cost sharing; serial method; Group Demand Monotonicity; Shapley value (search for similar items in EconPapers)
JEL-codes: C71 D63 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2010
New Economics Papers: this item is included in nep-gth
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Journal Article: An Axiomatization of the Serial Cost-Sharing Method (2010) 
Working Paper: An Axiomatization of the Serial Cost-Sharing Method (2010) 
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Persistent link: https://EconPapers.repec.org/RePEc:mtl:montde:2010-01
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