www.coalitiontheory.net
Published on www.coalitiontheory.net (http://coalitiontheory.net)

Home > Consistency and the sequential equal contributions rule for airport problems

Consistency and the sequential equal contributions rule for airport problems

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
PDF [1]
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.
Tags: 
Cooperative Game Theory [2]

Source URL:http://coalitiontheory.net/content/consistency-and-sequential-equal-contributions-rule-airport-problems

Links
[1] http://edocs.ub.unimaas.nl/loader/file.asp?id=1348 [2] http://coalitiontheory.net/research-areas/cooperative-game-theory