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Consistency and the sequential equal contributions rule for airport problems

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Working paper
Author/s: 
Youngsub Chun, Ça?atay Kay?, Chun-Hsien Yeh
Issue number: 
Youngsub Chun, Ça?atay Kay?, Chun-Hsien Yeh
Publisher: 
Maastricht University
Year: 
2008
We consider the problem of sharing the cost of a public facility among agents who have di®erent needs for it. We base two charac- terizations of the sequential equal contributions rule on smallest-cost consistency. Namely, (i) the rule is the only rule satisfying equal treatment of equals, independence of all but the smallest-cost, and smallest-cost consistency, and (ii) it is the only rule satisfying equal share lower bound, cost monotonicity, and smallest-cost consistency.
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