Allocation of costs to clean up a polluted river: an axiomatic approach
Autor: | Wilson da C. Vieira |
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Rok vydání: | 2015 |
Předmět: | |
Zdroj: | Economics Bulletin. 35(2):1216-1226 |
Popis: | This paper proposes a method to share the costs of cleaning up a polluted river among the agents located along it. This method is based on a model of pollutant transport and the polluter pays principle. We provide an axiomatic characterization for this method and investigate its relationship with both the (weighted) Shapley value and the tau-value of the corresponding cost game generated from the problem. We show that the solution of the proposed method coincides with both the weighted Shapley value and the tau-value. |
Databáze: | OpenAIRE |
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