An Axiomatization of the Serial Cost-Sharing Method

We offer an axiomatization of the serial cost-sharing method of Friedman and Moulin (1999). The key property in our axiom system is Group Demand Monotonicity, asking that when a group of agents raise their demands, not all of them should pay less.

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Year of publication:	2010
Authors:	SPRUMONT, Yves
Institutions:	Centre Interuniversitaire de Recherche en Économie Quantitative (CIREQ)
Subject:	Cost sharing \| serial method \| Group Demand Monotonicity \| Shapley value

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Extent:	application/pdf
Series:	Cahiers de recherche.
Type of publication:	Book / Working Paper
Notes:	25 pages
Classification:	C71 - Cooperative Games ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008617052