Monotonicity and the Aumann–Shapley cost-sharing method in the discrete case

M.J. Albizuri, H. Díez and A. Sarachu

European Journal of Operational Research, 2014, vol. 238, issue 2, 560-565

Abstract: We give an axiomatization of the Aumann–Shapley cost-sharing method in the discrete case by means of monotonicity and no merging or splitting (Sprumont, 2005). Monotonicity has not yet been employed to characterize this method in such a case, by contrast with the case in which goods are perfectly divisible, for which Monderer and Neyman (1988) and Young (1985b) characterize the Aumann–Shapley price mechanism.

Keywords: Cost sharing; Aumann–Shapley method; Monotonicity (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:238:y:2014:i:2:p:560-565

DOI: 10.1016/j.ejor.2014.03.044

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