Corchón, Luis C. (contributor) - 2007
.g. general equilibrium) studies situations where prop-
erty rights are well de�ned and agents voluntarily trade rights over goods … sector or the value of hosting a public event, i.e. the
Olympic Games. Expenses are made in order to present the case of each … right to organize the event as a function of expenses.
Example 1.6: Cooperative production. The agents have preferences over …