Multi-product serial cost sharing: An incompatibility with the additivity axiom
成果类型:
Article
署名作者:
Kolpin, V
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.1996.0048
发表日期:
1996
页码:
227-233
关键词:
摘要:
Previous literature has shown that the serial cost sharing rule is endowed with a variety of desirable incentive and equity features. By definition, applications of this mechanism are essentially constrained to single service facilities. We investigate difficulties that emerge when attempting to extend serial cost sharing to multi-product environments. In particular, we show that such an extension is incompatible with the additivity axiom. (C) 1996 Academic Press, Inc.