Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/94308
Authors: 
Friedman, Eric
Year of Publication: 
1999
Series/Report no.: 
Working Papers, Department of Economics, Rutgers, The State University of New Jersey 1999-18
Abstract: 
We provide several new characterizations of well known cost sharing methods (CSMs) as maxima of linear (or convex) functionals. For the Shapley-Shubik method the characterization has an interpretation in terms of randomly ordered agents choosing their most preferred CSM, while the characterizations of the Aumann-Shapley and Serial methods have a very general character: any symmetric convex functional which uniquely characterizes a scale invariant CSM must characterize the Aumann-Shapley method, while the identical statement is true for the Serial method when scale invariance is replaced by demand monotonicity.
Subjects: 
cost allocation
Document Type: 
Working Paper

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