SHAPLEY MEETS LAKOFF : CONSTRUCTION COST ALLOCATION ALIGNS WITH SOCIAL STATUS IN THE CASE OF SKYSCRAPERS ( Tentative Title )

@inproceedings{BenShahar2005SHAPLEYML,
  title={SHAPLEY MEETS LAKOFF : CONSTRUCTION COST ALLOCATION ALIGNS WITH SOCIAL STATUS IN THE CASE OF SKYSCRAPERS ( Tentative Title )},
  author={Danny Ben-Shahar and Eyal Sulganik},
  year={2005}
}
  • Danny Ben-Shahar, Eyal Sulganik
  • Published 2005
We examine the fair allocation of the construction costs among the buyers of units located on different stories of a building. The rationale for the diverse allocation of the costs is two fold: from a supply perspective, the higher the story is, the greater the inflexibility it imposes on the entrepreneur due to the accompanying commitment to build all stories underneath; from a demand viewpoint, it follows from Lakoff (1980) that, because of inherent cognitive motives, agents commonly prefer… CONTINUE READING