منابع مشابه
Cooperative production and efficiency
We characterize the sharing rule for which a contribution mechanism achieves efficiency in a cooperative production setting when agents are heterogeneous. The sharing rule bears no resemblance to those considered by the previous literature. We also show for a large class of sharing rules that if Nash equilibrium yields efficient allocations, the production function displays constant returns to ...
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A contingent contract in a transferable utility game under uncertainty specifies an outcome for each possible state. It is assumed that coalitions evaluate these contracts by considering the minimal possible excesses. A main question of the paper concerns the existence and characterization of efficient contracts. It is shown that they exist if and only if the set of possible coalitions contains...
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Demand for high data rates is increasing rapidly for the future wireless generations, due to the requirement of ubiquitous coverage for wireless broadband services. More base stations are needed to deliver these services, in order to cope with the increased capacity demand and inherent unreliable nature of wireless medium. However, this would directly correspond to high infrastructure cost and ...
متن کاملCooperative Production and E¢ ciency
We characterize the sharing rule for which a contribution mechanism achieves e¢ ciency in a cooperative production setting when agents are heterogeneous. The sharing rule bears no resemblance to those considered by the previous literature. We also show for a large class of sharing rules that if Nash equilibrium yields e¢ cient allocations, the production function displays constant returns to sc...
متن کاملComparative –Analytical Study of Economic Productivity of Water between Smallholding and Rural Production Cooperative Utilization System
In recent years, farming section of South Khorasan Province faces different limitations such as increasing shortage of water resources and continuous reduction of weather showers.Considering consecutive droughts and water crisis in agricultural plain of the province, it is necessary to use water resources optimally and increase productivity of water shortage input. Comparison of water productiv...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2008
ISSN: 1556-5068
DOI: 10.2139/ssrn.2690333