Prices in mixed cost allocation problems

DOI10.1006/GAME.2000.0840MaRDI QIDQ700075zbMATH OpenOpenAlexFDO

Authors Emilio Calvo, Juan Carlos Santos

Publication date 30 September 2002

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://semanticscholar.org/paper/6666cdf491fd6391b94d68194a9bb55a51972a65

zbMATH Keywords

Aumann-Shapley valuecooperative gamescost-sharing rules

Mathematics Subject Classification ID

Cooperative games (91A12) Microeconomic theory (price theory and economic markets) (91B24) Resource and cost allocation (including fair division, apportionment, etc.) (91B32)

Review text

The problem under consideration is the dividing of the cost of consumption of a finite number of goods, some of which are divisible and another indivisible. This cost allocation problem (cap) is reformulated as a cooperative game with transferable utility. The paper's goal is an extension of the Aumann-Shapley price rule that was created for nonatomic games. Such games are corresponding to ca problems with divisible goods. The authors' extension of the AS price rule on the mixed cap is based on the theory of mixed multilevel (on players participation) games considered by them earlier. The main results are a formula for a generalized AS price rule for mixed cap and seven axioms which are the characterization of the rule.

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Cites work

• A value for multichoice games
• Allocation of Shared Costs: A Set of Axioms Yielding A Unique Procedure
• Average cost pricing versus serial cost sharing: An axiomatic comparison
• Cores and related solution concepts for multi-choice games
• Demand Compatible Equitable Cost Sharing Prices
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• scientific article; zbMATH DE number 1226097 (Why is no real title available?)
• scientific article; zbMATH DE number 3078997 (Why is no real title available?)
• Incentives, decentralized control, the assignment of joint costs and internal pricing
• Internal Telephone Billing Rates—A Novel Application of Non-Atomic Game Theory
• Multilinear Extensions of Games
• Ordinal cost sharing
• Serial Cost Sharing
• Serial cost sharing methods for multi-commodity situations
• Shapley value for multichoice cooperative games. I
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• Values of Non-Atomic Games

Cited in

(7)

• Allocation of demand when cost is demand-dependent
• Item Pricing for Combinatorial Public Projects
• Diagonality of Cost Allocation Prices
• Joint Cost Allocation for Multiple Lots
• Cost allocation in energy distribution networks
• Using central prices in the decomposition of linear programs
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