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On the discrete version of the Aumann-Shapley cost-sharing method

journal contribution
posted on 2005-09-01, 00:00 authored by Yves SprumontYves Sprumont
On the discrete version of the Aumann-Shapley cost-sharing method

History

Journal

Econometrica

Volume

73

Pagination

1693-1712

ISSN

0012-9682

eISSN

1468-0262

Language

en

Notes

Each agent in a finite set requests an integer quantity of an idiosyncratic good; the resulting total cost must be shared among the participating agents. The Aumann-Shapley prices are given by the Shapley value of the game where each unit of each good is regarded as a distinct player. The Aumann-Shapley cost-sharing method charges to an agent the sum of the prices attached to the units she consumes. Copyright The Econometric Society 2005.

Publication classification

C1 Refereed article in a scholarly journal

Issue

5

Publisher

The Econometric Society

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