Abstract
This article proposes one new allocation called upstream compensation method (UCM, for short) for the polluted river cleanup cost, based on two doctrines in international disputes. We explain the fairness of the method by showing the coincidence of UCM method and the Shapley value. On the other, by studying the concavity of the induced game, we illustrate the stability of UCM.
Original language | English |
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Article number | 109473 |
Journal | Economics letters |
Volume | 195 |
DOIs | |
Publication status | Published - Oct 2020 |
Keywords
- Cooperative game
- Cost allocation
- Fairness
- Polluted river
- Shapley value
- n/a OA procedure