haku: @indexterm METHODOLOGY / yhteensä: 1003
viite: 340 / 1003
Tekijä: | Friedman, E. Moulin, H. |
Otsikko: | Three methods to share joint costs or surplus |
Lehti: | Journal of Economic Theory
1999 : AUG, VOL. 87:2, p. 275-312 |
Asiasana: | Methodology Theories |
Vapaa asiasana: | Cost sharing |
Kieli: | eng |
Tiivistelmä: | This study is made of cost sharing methods with variable demand of heterogeneous goods, additive in the cost function and meeting the dummy axiom. There are 4 axioms considered: 1. scale invariance (SI), 2. demand monotonicity (DM), 3. upper bound for homogeneous goods (UBH) placing a natural cap on cost shares when goods are homogeneous, and 4. average cost pricing for homogeneous goods (ACPH). The random order values based on stand alone costs are characterized by SI and DM. Serial costsharing, by DM and UB; the Aumann-Shapley pricing method, by SI and ACPH. No other combination of the four axioms is compatible with additivity and dummy. |
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