Discussion Paper Series A No.475 Triple Implementation by Sharing Mechanisms in Production Economics with Unequal Labor Skill
نویسندگان
چکیده
In production economies with unequal labor skills, we study axiomatic characterizations of Pareto subsolutions which are implementable by sharing mechanisms in Nash, strong Nash, and subgame perfect equilibria. The sharing mechanism allows agents to work freely and distributes the produced output to the agents, according to the profile of labor hours and the information on demands, prices, and labor skills. Based on the characterizations, we find that most fair allocation rules, which embody the ethical principles of responsibility and compensation, cannot be implemented when individuals’ labor skills are private information. Journal of Economic Literature Classification Numbers: C72, D51, D78, D82
منابع مشابه
Triple implementation by sharing mechanisms in production economies with unequal labor skills
Under production economies with unequal labor skills, we study axiomatic characterizations of Pareto subsolutions which are implementable by sharing mechanisms in Nash, strong Nash, and subgame-perfect equilibria. The sharing mechanism allows agents to work freely while asking them to give information concerning their demands for outputs, their labor skills, and the prices of goods. Then, the m...
متن کاملChanges in wheat production technology and the impact on the rural economy in Fars Province
Introduction The increasing population growth and the need for more agricultural products on the one hand, and on the other hand, the limitations of agricultural development are problems that human beings have always tried to solve. Due to the limited resources and inputs of production, it seems that further production growth is possible through advanced technologies. In fact, technology is so...
متن کاملInternational Capital Movements and Relative Wages: Evidence from U.S. Manufacturing Industries
In this paper, we use a multi-sector specific factors model with international capital mobility to examine the effects of globalization on the skill premium in U.S. manufacturing industries. This model allows us to identify two channels through which globalization affects relative wages: effects of international capital flows transmitted through changes in interest rates, and effects of international...
متن کاملImpact of triplet interference exercises between exercise scheduling methods (random-variable-intensive) in skill development and scoring accuracy for futsal players
Objective: This study aimed to Prepare an educational program based on the overlap and the integration of the random exercise method with the variable exercise method and the intensive exercise method adapted to the capabilities of the research sample and Recognize the effect of the educational program on developing the skill performance and scoring accuracy of the research sample in the futsal...
متن کاملارائه الگوی پیشنهادی اشتراک دانش درون سازمانی میان اعضای هیأت علمی بر مبنای عوامل فردی، سازمانی و فنی
Introduction: Nowadays, knowledge sharing has become a source of gaining competitive advantage. The purpose of this paper is the identification and authentication of factors influencing intra-organizational knowledge sharing as well as proposing a model of knowledge sharing among faculty members engaged in medicine in universities and research centers. Methods : The present study was based ...
متن کامل