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We 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...
Persistent link: https://www.econbiz.de/10010726673
We prove that for any coalitional game the core coincides with the bargaining set à la Davis and Maschler when we sufficiently raise the worth of the grand coalition (the efficiency level). This coincidence result does not hold for other well-known bargaining sets like the Mas-Colell bargaining...
Persistent link: https://www.econbiz.de/10011278755
We consider upper and lower bounds for maxmin allocations of a completely divisible good in both competitive and cooperative strategic contexts. We then derive a subgradient algorithm to compute the exact value up to any fixed degree of precision
Persistent link: https://www.econbiz.de/10013112094
We consider upper and lower bounds for maxmin allocations of a completely divisible good in both competitive and cooperative strategic contexts. We then derive a subgradient algorithm to compute the exact value up to any fixed degree of precision. -- Fair Division ; Maxmin Allocation ; Kalai...
Persistent link: https://www.econbiz.de/10009380614
We consider upper and lower bounds for maxmin allocations of a completely divisible good in both competitive and cooperative strategic contexts. We then derive a subgradient algorithm to compute the exact value up to any fixed degree of precision.
Persistent link: https://www.econbiz.de/10009421244
The paper analyses the link between human capital and regional economic growth in the European Union. Using different indicators of human capital calculated from census microdata, we conclude that the recent economic performance of European regions is associated to an increase in overeducation....
Persistent link: https://www.econbiz.de/10004970079
The Great Depression spurred State ownership in Western capitalist countries. Germany was no exception, the last governments of the Weimar Republic took over firms in diverse sectors. Later, the Nazi regime transferred public ownership and public services to the private sector. In doing so, they...
Persistent link: https://www.econbiz.de/10004971432
Our first objective is to compare the degree of concentration in manufacturing and services, with special emphasis on its evolution in these two sectors, using a sensitivity analysis for different concentration indices and different geographic units of analysis: municipalities and local labour...
Persistent link: https://www.econbiz.de/10004971433
The aim of this paper is to analyze the effects of intermunicipal cooperation and privatization on the delivery costs of urban solid waste services. The results of our empirical analysis, which we conducted among a sample of very small municipalities, indicate that small towns that cooperate...
Persistent link: https://www.econbiz.de/10004971434
The use of tolls is being widespread around the world. Its ability to fund infrastructure projects and to solve budget constraints have been the main rationale behind its renewed interest. However, less attention has been payed to the safety effects derived from this policy in a moment of...
Persistent link: https://www.econbiz.de/10004971435