Decreasing Serial Cost Sharing: an Axiomatic Characterization
The increasing serial cost sharing rule of Moulin and Shenker [Econometrica 60 (1992) 1009] and the decreasing serial rule of de Frutos [Journal of Economic Theory 79 (1998) 245] have attracted attention due to their intuitive appeal and striking incentive properties. An axiomatic characterization of the increasing serial rule was provided by Moulin and Shenker [Journal of Economic Theory 64 (1994) 178]. This paper gives an axiomatic characterization of the decreasing serial rule.
|Date of creation:||Jan 2007|
|Contact details of provider:|| Postal: Øster Farimagsgade 5, Building 26, DK-1353 Copenhagen K., Denmark|
Phone: (+45) 35 32 30 10
Fax: +45 35 32 30 00
Web page: http://www.econ.ku.dk
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Moulin Herve & Shenker Scott, 1994. "Average Cost Pricing versus Serial Cost Sharing: An Axiomatic Comparison," Journal of Economic Theory, Elsevier, vol. 64(1), pages 178-201, October.
- Hougaard, Jens Leth & Thorlund-Petersen, Lars, 2001. "Mixed serial cost sharing," Mathematical Social Sciences, Elsevier, vol. 41(1), pages 51-68, January.
- Jens Hougaard & Lars Østerdal, 2009.
"Decreasing serial cost sharing: an axiomatic characterization,"
International Journal of Game Theory,
Springer;Game Theory Society, vol. 38(4), pages 469-479, November.
- Jens Leth Hougaard & Lars Peter Østerdal, 2007. "Decreasing Serial Cost Sharing: an Axiomatic Characterization," Discussion Papers 07-02, University of Copenhagen. Department of Economics.
- Moulin, Herve & Shenker, Scott, 1992. "Serial Cost Sharing," Econometrica, Econometric Society, vol. 60(5), pages 1009-1037, September.
- Jens Leth Hougaard & Lars Thorlund-Petersen, 2000. "The stand-alone test and decreasing serial cost sharing," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 16(2), pages 355-362. Full references (including those not matched with items on IDEAS)