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An Axiomatic Characterization of a Class of Locations in Tree Networks.

Authors :
Foster, Dean P.
Vohra, Rakesh V.
Source :
Operations Research; May/Jun98, Vol. 46 Issue 3, p347, 8p
Publication Year :
1998

Abstract

In this paper we describe four axioms that uniquely characterize the class of locations in tree networks that are obtained by minimizing an additively separable, nonnegative, nondecreasing, differentiable, and strictly convex function of distances. This result is analogous to results that have been obtained in the theory of bargaining, social choice, and fair resource allocation. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
0030364X
Volume :
46
Issue :
3
Database :
Complementary Index
Journal :
Operations Research
Publication Type :
Academic Journal
Accession number :
3737811
Full Text :
https://doi.org/10.1287/opre.46.3.347