An Axiomatization of the Serial Cost-Sharing Method

نویسنده

  • Yves Sprumont
چکیده

We o¤er 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. JEL classi…cation: C 71, D 63

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تاریخ انتشار 2010