COST MONOTONICITY, CONSISTENCY AND MINIMUM COST SPANNING TREE GAMES

We propose a new cost allocation rule for minimum cost spanning tree games. The new rule is a core selection and also satis…es cost monotonicity. We also give characterization theorems for the new rule as well as the much-studied Bird allocation. We show that the principal di¤erence between these two rules is in terms of their consistency properties.

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Year of publication:	2002
Authors:	Dutta, Bhaskar ; Kar, Anirban
Institutions:	Department of Economics, University of Warwick
Subject:	spanning tree \| cost allocation \| core selection \| cost monotonicity \| consistency

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Series:	The Warwick Economics Research Paper Series (TWERPS).
Type of publication:	Book / Working Paper
Language:	English
Notes:	36 pages
Classification:	D7 - Analysis of Collective Decision-Making
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005368702