Remarks on the proportional distribution in increasing return to scale problems

dc.contributor.authorDi Luca, Camilla
dc.contributor.authorIzquierdo Aznar, Josep Maria
dc.contributor.authorRafels, Carles
dc.date.accessioned2017-02-16T11:45:15Z
dc.date.available2017-02-16T11:45:15Z
dc.date.issued2013-12
dc.date.updated2017-02-16T11:45:15Z
dc.description.abstractWe study a cooperative problem where agents contribute a certain amount of input in order to obtain a surplus. We assume that the average surplus with respect to the amount contributed is increasing. Within this basic model, a cooperative game is associated and the proportional distribution arises as a natural core allocation. We describe a necessary and sufficient condition for which the core of the game shrinks to the proportional distribution. Furthermore, we characterize axiomatically the proportional distribution by means of three properties: core-selection, core-invariance and resource monotonicity. Finally, we provide a condition that guarantees that the proportional nucleolus coincides with the proportional solution.
dc.format.extent10 p.
dc.format.mimetypeapplication/pdf
dc.identifier.idgrec637113
dc.identifier.issn1545-2921
dc.identifier.urihttps://hdl.handle.net/2445/107053
dc.language.isoeng
dc.publisherEconomics Bulletin
dc.relation.isformatofReproducció del document publicat a: http://www.accessecon.com/includes/CountdownloadPDF.aspx?PaperID=EB-13-00444
dc.relation.ispartofEconomics Bulletin , 2013, vol. 33, num. 4, p. 2938-2947
dc.rights(c) Di Luca, Camilla et al., 2013
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.sourceArticles publicats en revistes (Matemàtica Econòmica, Financera i Actuarial)
dc.subject.classificationTeoria de jocs
dc.subject.classificationEquilibri (Economia)
dc.subject.classificationCompetència econòmica
dc.subject.classificationEconomia matemàtica
dc.subject.otherGame theory
dc.subject.otherEquilibrium (Economics)
dc.subject.otherCompetition
dc.subject.otherMathematical economics
dc.titleRemarks on the proportional distribution in increasing return to scale problems
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion

Fitxers

Paquet original

Mostrant 1 - 1 de 1
Carregant...
Miniatura
Nom:
637113.pdf
Mida:
288.12 KB
Format:
Adobe Portable Document Format