Nearly Serial Sharing Methods

Yves Sprumont ()

Cahiers de recherche from Universite de Montreal, Departement de sciences economiques

Abstract: A group of agents participate in a cooperative enterprise producing a single good. Each participant contributes a particular type of input; output is nondecreasing in these contributions. How should it be shared? We analyze the implications of the axiom of Group Monotonicity: if a group of agents simultaneously decrease their input contributions, not all of them should receive a higher share of output. We show that in combination with other more familiar axioms, this condition pins down a very small class of methods, which we dub nearly serial.

Keywords: surus sharing; cost sharing; groumonotonicity; serial method (search for similar items in EconPapers)
JEL-codes: C71 D63 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (1)

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http://hdl.handle.net/1866/529 (application/pdf)

Related works:
Journal Article: Nearly serial sharing methods (2008)
Working Paper: Nearly Serial Sharing Methods (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:mtl:montde:2004-14

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