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, Jorgen Tind, Mich Tvede and Lars Peter Osterdal.
Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Number of pages: 154
Weight: 920 g
Dimensions: 235 x 155 x 11 mm
Edition: 2009 ed.
Reviews H. Moulin, M. Koster
From the reviews:
"The referred volume is organized as a summary textbook offering mathematical analysis of a series of typical allocation rules. It offers an overview and mathematical formalism of current knowledge of its field of interest, focused on allocating monetary costs among members of a group or network of agents. ... The theoretical models are completed by numerous illustrative examples, and all particular chapters are closed by methodological comments, a heuristic summary and a sufficient list of references." (Milan Mares, Zentralblatt MATH, Vol. 1178, 2010)