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Cost monotonicity, consistency and minimum cost spanning tree games

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Dutta, Bhaskar and Kar, Anirban (2002) Cost monotonicity, consistency and minimum cost spanning tree games. Working Paper. Coventry: University of Warwick, Department of Economics. Warwick economic research papers (No.629).

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Abstract

We propose a new cost allocation rule for minimum cost spanning tree games. The new rule is a core selection and also satisfies cost monotonicity. We also give characterization theorems for the new rule as well as the much-studied Bird allocation. We show that the principal difference between these two rules is in terms of their consistency properties.

Item Type: Working or Discussion Paper (Working Paper)
Subjects: H Social Sciences > HF Commerce
Divisions: Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH): Cost allocation, Cost accounting, Monotonic functions, Spanning trees (Graph theory)
Series Name: Warwick economic research papers
Publisher: University of Warwick, Department of Economics
Place of Publication: Coventry
Official Date: January 2002
Dates:
DateEvent
January 2002Published
Number: No.629
Number of Pages: 36
Institution: University of Warwick
Status: Not Peer Reviewed
Access rights to Published version: Open Access (Creative Commons)
Description:

Original version, July 2001; this revision, January 2002

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