Econometrica Vol. 78 No. 5 2010
An Axiomatization of the Serial Cost-Sharing Method
Abstract
We offer an axiomatization of the serial cost-sharing method of Friedman and Moulin (1999). The key property in our axiom system is Group Demand Monotonicity, asking that when a group of agents raise their demands, not all of them should pay less.
- DOI
- 10.3982/ecta9019
- Volume
- 78
- Issue
- 5
- Pages
- 1711-1748
- Language
- en
- Sources
- bibtex:phds-export.bib openalex crossref