AN AXIOMATIC CHARACTERIZATION OF A CLASS OF LOCATIONS IN TREE NETWORKS

Citation
Dp. Foster et Rv. Vohra, AN AXIOMATIC CHARACTERIZATION OF A CLASS OF LOCATIONS IN TREE NETWORKS, Operations research, 46(3), 1998, pp. 347-354
Citations number
24
Categorie Soggetti
Operatione Research & Management Science","Operatione Research & Management Science
Journal title
ISSN journal
0030364X
Volume
46
Issue
3
Year of publication
1998
Pages
347 - 354
Database
ISI
SICI code
0030-364X(1998)46:3<347:AACOAC>2.0.ZU;2-O
Abstract
In this paper we describe four axioms that uniquely characterize the c lass 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 res ults that have been obtained in the theory of bargaining, social choic e, and fair resource allocation.