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Obligation Rules

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Author Info
Gustavo Bergantiños (Research Group in Economic Analysis University of Vigo, Spain)
Anirban Kar (Department of Economics, Delhi School of Economics, Delhi, India)

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Abstract

We provide a characterization of the obligation rules in the context of minimum cost spanning tree games. We also explore the relation between obligation rules and random order values of the irreducible cost game - it is shown that the later is a subset of the obligation rules. Moreover we provide a necessary and sucient condition on obligation function such that the corresponding obligation rule coincides with a random order value.

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Publisher Info
Paper provided by Centre for Development Economics, Delhi School of Economics in its series Working papers with number 167.

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Length: 43 pages
Date of creation: Jul 2008
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Handle: RePEc:cde:cdewps:167

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This page was last updated on 2009-11-15.

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