The stand-alone test and decreasing serial cost sharing
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The stand-alone test and decreasing serial cost sharing. / Hougaard, Jens Leth; Thorlund-Petersen, Lars.
I: Economic Theory, Bind 16, Nr. 2, 2000, s. 355-362.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - The stand-alone test and decreasing serial cost sharing
AU - Hougaard, Jens Leth
AU - Thorlund-Petersen, Lars
N1 - JEL Classification: D63, D78, C79
PY - 2000
Y1 - 2000
N2 - 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
AB - 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
U2 - 10.1007/PL00004087
DO - 10.1007/PL00004087
M3 - Journal article
VL - 16
SP - 355
EP - 362
JO - Economic Theory
JF - Economic Theory
SN - 0938-2259
IS - 2
ER -
ID: 149706