Monotonicity and the Aumann‐Shapley cost-sharing method in the discrete case

Monotonicity and the Aumann‐Shapley cost-sharing method in the discrete case

0.00 Avg rating0 Votes
Article ID: iaor20142005
Volume: 238
Issue: 2
Start Page Number: 560
End Page Number: 565
Publication Date: Oct 2014
Journal: European Journal of Operational Research
Authors: , ,
Keywords: monotonicity
Abstract:

We give an axiomatization of the Aumann–Shapley cost‐sharing method in the discrete case by means of monotonicity and no merging or splitting (Sprumont, 2005). Monotonicity has not yet been employed to characterize this method in such a case, by contrast with the case in which goods are perfectly divisible, for which Monderer and Neyman (1988) and Young (1985b) characterize the Aumann–Shapley price mechanism.

Reviews

Required fields are marked *. Your email address will not be published.