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 ...

Suppose that a group of agents have demands for some good. Each one of them owns a technology allowing to produce the good, with these technologies varying in their effectiveness. We consider technologies exhibiting either increasing return to scale (IRS) or decreasing returns to scale (DRS). In each case, we solve the issue of the effi cient allocation of the production between the agents. In ...

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...

The sharing of different stages of manufacturing processes between countries is of major and growing importance. However, due to previous deficiencies in the Standard International Trade Classification (SITC) Revision 1 system it was not possible to differentiate between two key elements of this process that involving international trade in components and parts as opposed to the exchange of ful...

This paper introduces the Studio Ontology Framework for describing and sharing detailed information about music production. The primary aim of this ontology is to capture the nuances of record production by providing an explicit, application and situation independent conceptualisation of the studio environment. We may use the ontology to describe real-world recording scenarios involving physica...