Decreasing Serial Cost Sharing: an Axiomatic Characterization
Publikation: Working paper › Forskning
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Decreasing Serial Cost Sharing : an Axiomatic Characterization. / Hougaard, Jens Leth; Østerdal, Lars Peter.
Cph. : Department of Economics, University of Copenhagen, 2007.Publikation: Working paper › Forskning
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TY - UNPB
T1 - Decreasing Serial Cost Sharing
T2 - an Axiomatic Characterization
AU - Hougaard, Jens Leth
AU - Østerdal, Lars Peter
N1 - JEL Classification: D23, D71, L24
PY - 2007
Y1 - 2007
N2 - The increasing serial cost sharing rule of Moulin and Shenker [Econometrica 60 (1992) 1009] and the decreasing serial rule of de Frutos [Journal of Economic Theory 79 (1998) 245] have attracted attention due to their intuitive appeal and striking incentive properties. An axiomatic characterization of the increasing serial rule was provided by Moulin and Shenker [Journal of Economic Theory 64 (1994) 178]. This paper gives an axiomatic characterization of the decreasing serial rule
AB - The increasing serial cost sharing rule of Moulin and Shenker [Econometrica 60 (1992) 1009] and the decreasing serial rule of de Frutos [Journal of Economic Theory 79 (1998) 245] have attracted attention due to their intuitive appeal and striking incentive properties. An axiomatic characterization of the increasing serial rule was provided by Moulin and Shenker [Journal of Economic Theory 64 (1994) 178]. This paper gives an axiomatic characterization of the decreasing serial rule
KW - Faculty of Social Sciences
KW - serial cost sharing
KW - cost allocation
KW - axiomatic characterization
M3 - Working paper
BT - Decreasing Serial Cost Sharing
PB - Department of Economics, University of Copenhagen
CY - Cph.
ER -
ID: 355880