TY - JOUR
T1 - Decreasing Serial Cost Sharing
T2 - An Axiomatic Characterization
AU - Hougaard, Jens Leth
AU - Østerdal, Lars Peter
PY - 2009
Y1 - 2009
N2 - The increasing serial cost sharing rule of Moulin and Shenker (Econometrica 60:1009–1037, 1992) and the decreasing serial rule of de Frutos (J Econ Theory 79:245–275, 1998) are known by their intuitive appeal and striking incentive properties. An axiomatic characterization of the increasing serial rule was provided by Moulin and Shenker (J Econ Theory 64:178–201, 1994). This paper gives an axiomatic characterization of the decreasing serial rule.
AB - The increasing serial cost sharing rule of Moulin and Shenker (Econometrica 60:1009–1037, 1992) and the decreasing serial rule of de Frutos (J Econ Theory 79:245–275, 1998) are known by their intuitive appeal and striking incentive properties. An axiomatic characterization of the increasing serial rule was provided by Moulin and Shenker (J Econ Theory 64:178–201, 1994). This paper gives an axiomatic characterization of the decreasing serial rule.
KW - Serial cost sharing
KW - Cost allocation
KW - Axiomatic characterization
KW - Serial cost sharing
KW - Cost allocation
KW - Axiomatic characterization
UR - https://sfx-45cbs.hosted.exlibrisgroup.com/45cbs?url_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&ctx_enc=info:ofi/enc:UTF-8&ctx_ver=Z39.88-2004&rfr_id=info:sid/sfxit.com:azlist&sfx.ignore_date_threshold=1&rft.object_id=954925407734&rft.object_portfolio_id=&svc.holdings=yes&svc.fulltext=yes
U2 - 10.1007/s00182-009-0165-6
DO - 10.1007/s00182-009-0165-6
M3 - Journal article
VL - 38
SP - 469
EP - 479
JO - International Journal of Game Theory
JF - International Journal of Game Theory
SN - 0020-7276
IS - 4
ER -