ISSN:
1432-0479
Keywords:
Keywords and Phrases:Serial cost sharing, The stand-alone test, The core.
;
JEL Classification Numbers:D63, D78, C79.
Source:
Springer Online Journal Archives 1860-2000
Topics:
Economics
Notes:
Summary. The rule of decreasing serial cost sharing defined in de Frutos [1] over the class of concave cost functions may violate the important stand-alone test. Sufficient conditions for the test to be satisfied are given, in terms of individual rationality as well as coalitional stability. These conditions restrict the shape of the cost function and the distribution of demands.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/PL00004087
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