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Design of a Coordination Process for Cost Sharing

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dc.contributor.author Loehman, Edna T.
dc.contributor.author Rassenti, Stephen J.
dc.date.accessioned 2010-06-04T18:34:30Z
dc.date.available 2010-06-04T18:34:30Z
dc.date.issued 1996 en_US
dc.identifier.uri https://hdl.handle.net/10535/5816
dc.description.abstract "This paper proposes use of a coordination process for cost sharing. The underlying premise is that complexity may be as serious as free-riding for cooperative group outcomes. A coordination process is a group algorithmic search method to find an optimal solution to the group decision problem. The design is based on market-like principles: decentralization of computation tasks, privacy of preference information, individual rationality, group feasibility and optimality, and use of price as an equilibrating tool. Three types of coordination process described in this paper differ in terms of the nature of the message space, associated allocation rules, and procedures." en_US
dc.language English en_US
dc.subject public goods and bads en_US
dc.subject rules--theory en_US
dc.title Design of a Coordination Process for Cost Sharing en_US
dc.type Working Paper en_US
dc.type.methodology Experimental en_US
dc.subject.sector Theory en_US


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