Dividing Goods and Bads Under Additive Utilities
نویسندگان
چکیده
منابع مشابه
Dividing goods or bads under additive utilities
We compare the Egalitarian Equivalent and the Competitive Equilibrium with Equal Incomes rules to divide a bundle of goods (heirlooms) or a bundle of bads (chores). For goods the Competitive division fares better, as it is Resource Monotonic, and makes it harder to strategically misreport preferences. But for bads, the Competitive rule, unlike the Egalitarian one, is multivalued, harder to comp...
متن کاملDividing goods and bads under additive utilities
When utilities are additive, we uncovered in our previous paper [1] many similarities but also surprising differences in the behavior of the familiar Competitive rule (with equal incomes), when we divide (private) goods or bads.The rule picks in both cases the critical points of the product of utilities (or disutilities) on the efficiency frontier, but there is only one such point if we share g...
متن کاملTaxing Bads by Taxing Goods
The findings, interpretations, and conclusions expressed in this study are entirely those of the authors and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent. Taxing bads by taxing goods : pollution control with presumptive charges / Gunnar S. Eskeland, Shantayanan Devaraj...
متن کاملUtilities, Preferences, and Substantive Goods
SYNOPSIS Part I. Two approaches to utilitv theorly: happiness theory and preference theory.
متن کاملUsed goods, not used bads: Profitable secondary market sales for a durable goods channel
The existing literature on channel coordination typically models markets where used goods are not sold, or are sold outside the standard channel. However, retailers routinely sell used goods for a profit in markets like textbooks. Further, such markets are characterized by a renewable consumer population over time, rather than the static consumer population often assumed in prior literature. We...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2016
ISSN: 1556-5068
DOI: 10.2139/ssrn.2860002