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The celebrated "tragedy of the commons" arises when a certain technology with increasing marginal cost is the common property of its users. Examples include the exploitation of fisheries and other natural resources, as well as queuing problems where users want a service and the externalities...
Persistent link: https://www.econbiz.de/10005114006
In a rationing problem, each agent demands a quantity of a certain commodity and the available resources fall short of total demand. A rationing method solves this problem at every level of resources and individual demands. We impose three axioms: Consistency (with respect to variations of the...
Persistent link: https://www.econbiz.de/10005114009
In the minimum cost spanning tree model we consider decentralized pricing rules, i.e. rules that cover at least the efficient cost while the price charged to each user only depends upon his own connection costs. We define a canonical pricing rule and provide two axiomatic characterizations....
Persistent link: https://www.econbiz.de/10005543459
We propose two axiomatic theories of cost sharing with the common premise that agents demand comparable -though perhaps different- commodities and are responsible for their own demand. Under partial responsibility the agents are not responsible for the asymmetries of the cost function: two...
Persistent link: https://www.econbiz.de/10005545743
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If shortest (respectively longest) jobs are served first, splitting a job into smaller jobs (respectively merging several jobs) can reduce the actual wait. Any deterministic protocol is vulnerable to strategic splitting and/or merging. This is not true if scheduling is random, and users care...
Persistent link: https://www.econbiz.de/10005413657
A buyer procures a network to span a given set of nodes; each seller bids to supply certain edges, then the buyer purchases a minimal cost spanning tree. An efficient tree is constructed in any equilibrium of the Bertrand game.
Persistent link: https://www.econbiz.de/10010738049
In a committee where cooperative voting occurs, effectivity functions describe the blocking power of coalitions. It is a binary relation that says for each coalition T and each subset of outcomes B whether or not T can force the final outcome within B. The corresponding cooperative stability...
Persistent link: https://www.econbiz.de/10010765456
Users need to connect a pair of target nodes in the network. They share the fixed connection costs of the edge. The system manager elicits target pairs from users, builds the cheapest forest meeting all demands, and choose a cost sharing rule satisfying:
Persistent link: https://www.econbiz.de/10010785189
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