Introduction to Allocation Rules

Hougaard, Jens Leth

ISBN 10: 3642018270 / ISBN 13: 9783642018275

Published by Springer, 2009

About this Item

Unread book in perfect condition.

Seller Inventory # 6333790

Bibliographic Details

• Title: Introduction to Allocation Rules
• Publisher: Springer
• Publication Date: 2009
• Language: English
• ISBN 10: 3642018270
• ISBN 13: 9783642018275
• Binding: Hardcover
• Condition: As New

About this title

Synopsis

This book contains a systematic analysis of allocation rules related to cost and surplus sharing problems. Broadly speaking, it examines various types of rules for allocating a common monetary value (cost) between individual members of a group (or network) when the characteristics of the problem are somehow objectively given. Without being an advanced text it o?ers a comprehensive mathematical analysis of a series of well-known allocation rules. The aim is to provide an overview and synthesis of current kno- edge concerning cost and surplus sharing methods. The text is accompanied by a description of several practical cases and numerous examples designed to make the theoretical results easily comprehensible for both students and practitioners alike. The book is based on a series of lectures given at the University of Copenhagen and Copenhagen Business School for graduate students joining the math/econ program. I am indebted to numerous colleagues, conference participants and s- dents who during the years have shaped my approach and interests through collaboration, commentsandquestionsthatweregreatlyinspiring.Inparti- lar, I would like to thank Hans Keiding, Maurice Koster, Tobias Markeprand, Juan D. Moreno-Ternero, Herv´ e Moulin, Bezalel Peleg, Lars Thorlund- Petersen, Jørgen Tind, Mich Tvede and Lars Peter Østerdal.

From the Back Cover

This book focuses on analyzing cost and surplus sharing problems in a systematic fashion. It offers an in-depth analysis of various types of rules for allocating a common monetary value (cost) between members of a group or network – e.g. individuals, firms or products. The results can help readers evaluate the pros and cons of the various methods involved in terms of various factors such as fairness, consistency, stability, monotonicity and manipulability. As such, the book represents an up-to-date survey of cost and surplus sharing methods for researchers, students and practitioners alike. The text is accompanied by practical cases and numerous examples to make the theoretical results easily accessible.