Ordinal Cost Sharing.
Series/Report no.Cahier de recherche #9624
- [JEL:E60] Macroeconomics and Monetary Economics - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook - General
- [JEL:E61] Macroeconomics and Monetary Economics - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook - Policy Objectives; Policy Designs and Consistency; Policy Coordination
- [JEL:E60] Macroéconomie et économie monétaire - Aspects macroéconomiques de la finance publique, politique macroéconomique et approche générale - Généralités
- [JEL:E61] Macroéconomie et économie monétaire - Aspects macroéconomiques de la finance publique, politique macroéconomique et approche générale - Objectifs, planification, cohérence et coordination de politiques
We ask how the three known mechanisms for solving cost sharing problems with homogeneous cost functions - the value, the proportional, and the serial mechanisms - should be extended to arbitrary problem. We propose the Ordinality axiom, which requires that cost shares be invariante under all transactions preserving the nature of a cost sharing problem.
Sprumont, Y., «Ordinal Cost Sharing.», Cahier de recherche #9624, Département de sciences économiques, Université de Montréal, 1996, 39 pages.
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