The stand-alone test and decreasing serial cost sharing

B-Tier
Journal: Economic Theory
Year: 2000
Volume: 16
Issue: 2
Pages: 355-362

Authors (2)

Jens Leth Hougaard (Københavns Universitet) Lars Thorlund-Petersen (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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.

Technical Details

RePEc Handle
repec:spr:joecth:v:16:y:2000:i:2:p:355-362
Journal Field
Theory
Author Count
2
Added to Database
2026-02-02