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A characterization of the Shapley value in queueing problems

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  • Maniquet, Francois

Abstract

A set of agents stand to receive a service. No two agents can be served simultaneously. A Queue has been organized, and agents having to wait should receive monetary compensations. We characterize the rule assigning positions in the queue and compensations corresponding to the payoffs recommended by the Shapley value of the associated cooperative game.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Theory.

Volume (Year): 109 (2003)
Issue (Month): 1 (March)
Pages: 90-103

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Handle: RePEc:eee:jetheo:v:109:y:2003:i:1:p:90-103

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Web page: http://www.elsevier.com/locate/inca/622869

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  1. Roemer, John E, 1986. "Equality of Resources Implies Equality of Welfare," The Quarterly Journal of Economics, MIT Press, vol. 101(4), pages 751-84, November.
  2. Atila Abdulkadiroglu & Tayfun Sonmez, 1998. "Random Serial Dictatorship and the Core from Random Endowments in House Allocation Problems," Econometrica, Econometric Society, vol. 66(3), pages 689-702, May.
  3. Tadenuma, Koichi & Thomson, William, 1993. "The fair allocation of an indivisible good when monetary compensations are possible," Mathematical Social Sciences, Elsevier, vol. 25(2), pages 117-132, February.
  4. Moulin, Herve, 1991. "Welfare bounds in the fair division problem," Journal of Economic Theory, Elsevier, vol. 54(2), pages 321-337, August.
  5. Moulin, Herve, 1992. "An Application of the Shapley Value to Fair Division with Money," Econometrica, Econometric Society, vol. 60(6), pages 1331-49, November.
  6. Alkan, Ahmet & Demange, Gabrielle & Gale, David, 1991. "Fair Allocation of Indivisible Goods and Criteria of Justice," Econometrica, Econometric Society, vol. 59(4), pages 1023-39, July.
  7. Tadenuma, Koichi & Thomson, William, 1991. "No-Envy and Consistency in Economies with Indivisible Goods," Econometrica, Econometric Society, vol. 59(6), pages 1755-67, November.
  8. Koichi Tadenuma, 1996. "Trade-off between equity and efficiency in a general economy with indivisible goods," Social Choice and Welfare, Springer, vol. 13(4), pages 445-450.
  9. Jeroen Suijs, 1996. "On incentive compatibility and budget balancedness in public decision making," Review of Economic Design, Springer, vol. 2(1), pages 193-209, December.
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