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Multi-Service Serial Cost Sharing: An Incompatibility with Smoothness

By M.A.L. Koster


We focus on the radial serial rule as a natural extension of the Moulin-Shenker cost sharing rule. We show that it is the unique regular rule that is compatible with the radial serial principle. In particular this shows the incompatability of the serial prionciple with differentiability of a cost sharing rule as a function of the individual demands

Topics: Cost-sharing, serial rule, multi-service facilities, C69 - Other, D49 - Other
Publisher: Microeconomics
Year: 1998
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Provided by: NARCIS
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