Decreasing Serial Cost Sharing: an Axiomatic Characterization
Research output: Working paper
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Final published version, 118 KB, PDF document
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
Original language | English |
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Place of Publication | Cph. |
Publisher | Department of Economics, University of Copenhagen |
Number of pages | 16 |
Publication status | Published - 2007 |
- Faculty of Social Sciences - serial cost sharing, cost allocation, axiomatic characterization
Research areas
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ID: 355880