Abstract:
We reconsider the discrete version of the axiomatic cost-sharing model. We propose a condition of (informational) coherence requiring that not all informational refinements of a given problem be solved differently from the original problem. We prove that strictly coherent linear cost-sharing rules must be simple random-order rules.
Keywords:cost sharing; additivity; random order (search for similar items in EconPapers) JEL-codes:D10 (search for similar items in EconPapers) Date: Written 1999