Comment to the Editor: On Continuity of Fixed-Fraction Rules for Sharing Sequentially Triggered Losses

• 成果类型: Editorial Material; Early Access
• 署名作者: van den Brink, Rene; Gavilan, Elena; Manuel, Conrado; Oishi, Takayuki
• 署名单位: Vrije Universiteit Amsterdam; Tinbergen Institute; Vrije Universiteit Amsterdam; Complutense University of Madrid; Complutense University of Madrid
• 刊物名称: MANAGEMENT SCIENCE
• ISSN/ISSBN: 0025-1909
• DOI: 10.1287/mnsc.2025.03401
• 发表日期: 2026
• 关键词: sequentially triggered losses; fixed-fraction rules; continuity

摘要

The class of fixed-fraction rules for sharing sequentially triggered losses has been axiomatized using a set of axioms that include continuity. In this note, we show that continuity is redundant because it is implied by the other axioms. This allows for a more parsimonious characterization and thus reducing complexity.