Economics at your fingertips  

The degree and cost adjusted folk solution for minimum cost spanning tree games

Henk Norde

Games and Economic Behavior, 2019, vol. 113, issue C, 734-742

Abstract: In this paper two cost sharing solutions for minimum cost spanning tree problems are introduced, the degree adjusted folk solution and the cost adjusted folk solution. These solutions overcome the problem of the classical reductionist folk solution as they have considerable strict ranking power, without breaking established axioms. As such they provide an affirmative answer to an open question, put forward in Bogomolnaia and Moulin (2010).

Keywords: Cost sharing; Minimum cost spanning tree games; Networks (search for similar items in EconPapers)
JEL-codes: C71 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Games and Economic Behavior is currently edited by E. Kalai

More articles in Games and Economic Behavior from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-05-11
Handle: RePEc:eee:gamebe:v:113:y:2019:i:c:p:734-742