Decreasing Serial Cost Sharing: an Axiomatic Characterization
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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 |
|---|---|
| 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
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ID: 355880