Some Comments on Free-Riding in Leontief Partnerships
نویسندگان
چکیده
منابع مشابه
Some Comments on Free-Riding in Leontief Partnerships
Holmström [1982] showed that free-riding is inevitable in partnerships where inputs are substitutes. Legros & Matthews [1993] and Vislie [1994] showed that when inputs are strict complements (Leontief technology), free-riding can be avoided with a linear sharing rule. This paper considers the robustness and some extensions of the positive result of LMV. First, I show that LMV’s result is not ro...
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ژورنال
عنوان ژورنال: Economic Inquiry
سال: 2001
ISSN: 0095-2583,1465-7295
DOI: 10.1093/ei/39.3.467