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Cost monotonicity, consistency and minimum cost spanning tree games

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  • Dutta, Bhaskar
  • Kar, Anirban

Abstract

We propose a new cost allocation rule for minimum cost spanning tree games. The new rule is a core selection and also satis…es cost monotonicity. We also give characterization theorems for the new rule as well as the much-studied Bird allocation. We show that the principal di¤erence between these two rules is in terms of their consistency properties.
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Suggested Citation

  • 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.
    • Handle: RePEc:eee:gamebe:v:48:y:2004:i:2:p:223-248
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    6. 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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    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making

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