Multi-Service Serial Cost Sharing: An Incompatibility with Smoothness
AbstractWe focus on the radial serial rule as a natural extension of the Moulin-Shenker cost sharing rule. We show that it is the unique regular rule that is compatible with the radial serial principle. In particular this shows the incompatability of the serial prionciple with differentiability of a cost sharing rule as a function of the individual demands.
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Bibliographic InfoPaper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 1998-122.
Date of creation: 1998
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Cost-sharing; serial rule; multi-service facilities;
Find related papers by JEL classification:
- C69 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Other
- D49 - Microeconomics - - Market Structure and Pricing - - - Other
This paper has been announced in the following NEP Reports:
- NEP-ALL-1999-03-08 (All new papers)
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