Cost monotonicity, consistency and minimum cost spanning tree games
AbstractWe propose a new cost allocation rule for minimum cost Spanning tree games. The new rule is a core selection and also satisfices cost monotonicity. We also give charqcterization theorems for the new rule as well as the much-studied Bird allocation. We show that the principal difference between these two rules is interms of their consistency properties.
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Bibliographic InfoPaper provided by Indian Statistical Institute, New Delhi, India in its series Indian Statistical Institute, Planning Unit, New Delhi Discussion Papers with number 02-04.
Length: 38 pages
Date of creation: Jul 2002
Date of revision:
spanning tree; cost allocation; core selection; cost monotonicity; consistency;
Other versions of this item:
- Dutta, Bhaskar & Kar, Anirban, 2004. "Cost monotonicity, consistency and minimum cost spanning tree games," Games and Economic Behavior, Elsevier, vol. 48(2), pages 223-248, August.
- Dutta, Bhaskar & Kar, Anirban, 2002. "Cost Monotonicity, Consistency And Minimum Cost Spanning Tree Games," The Warwick Economics Research Paper Series (TWERPS) 629, University of Warwick, Department of Economics.
- D7 - Microeconomics - - Analysis of Collective Decision-Making
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- Kar, Anirban, 2002. "Axiomatization of the Shapley Value on Minimum Cost Spanning Tree Games," Games and Economic Behavior, Elsevier, vol. 38(2), pages 265-277, February.
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