Abstract
The problem of allocating the production cost of a finite bundle of divisible consumption goods (or services) by means of per unit costs or prices is a basic problem in economics. Recently an axiomatic approach has been proposed in which one considers a class of cost problems and studies the mappings from that class of cost problems to prices by means of the properties these prices satisfy. The authors look for a list of properties on the class of cost problems and the price mechanism that imply the 'diagonality' of the price mechanism.
| Original language | English |
|---|---|
| Pages (from-to) | 66-74 |
| Number of pages | 9 |
| Journal | Mathematics of Operations Research |
| Volume | 9 |
| Issue number | 1 |
| DOIs | |
| State | Published - 1984 |