Arbeitspapier
Optimization Based Characterizations of Cost Sharing Methods
We provide several new characterizations of well known cost sharing methods (CSMs) as maxima of linear (or convex) functionals. For the Shapley-Shubik method the characterization has an interpretation in terms of randomly ordered agents choosing their most preferred CSM, while the characterizations of the Aumann-Shapley and Serial methods have a very general character: any symmetric convex functional which uniquely characterizes a scale invariant CSM must characterize the Aumann-Shapley method, while the identical statement is true for the Serial method when scale invariance is replaced by demand monotonicity.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 1999-18
- Klassifikation
-
Wirtschaft
- Thema
-
cost allocation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Friedman, Eric
- Ereignis
-
Veröffentlichung
- (wer)
-
Rutgers University, Department of Economics
- (wo)
-
New Brunswick, NJ
- (wann)
-
1999
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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Objekttyp
- Arbeitspapier
Beteiligte
- Friedman, Eric
- Rutgers University, Department of Economics
Entstanden
- 1999
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