Cooperative production under diminishing marginal returns: interpreting fixed-path methods
نویسندگان
چکیده
منابع مشابه
Cooperative production under diminishing marginal returns: interpreting fixed-path methods
Fixed-path methods (FPMs) were introduced to manage situations where several individuals jointly operate a single technology (see [4]). In the production context, they consist in allocating marginal increments of output according to a proportions vector which changes along an arbitrary path. While very appealing from an incentives viewpoint under diminishing marginal returns, the asymmetry of t...
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ژورنال
عنوان ژورنال: Social Choice and Welfare
سال: 2006
ISSN: 0176-1714,1432-217X
DOI: 10.1007/s00355-006-0195-y