Showing 1 - 10 of 41
Persistent link: https://www.econbiz.de/10005369406
This article studies a model of coalition formation for the joint production (and finance) of public projects, in which agents may belong to multiple coalitions. We show that, if projects are divisible, there always exists a stable (secession-proof) structure, i.e., a structure in which no...
Persistent link: https://www.econbiz.de/10010845478
Persistent link: https://www.econbiz.de/10010866707
We analyze a general model of rationing in which agents have baselines, in addition to claims against the (insufficient) endowment of the good to be allocated. Many real-life problems fit this general model (e.g., bankruptcy with prioritized claims, resource allocation in the public health care...
Persistent link: https://www.econbiz.de/10010998867
Persistent link: https://www.econbiz.de/10005046750
Persistent link: https://www.econbiz.de/10004965775
Persistent link: https://www.econbiz.de/10005178663
Persistent link: https://www.econbiz.de/10005178683
Persistent link: https://www.econbiz.de/10008925275
Persistent link: https://www.econbiz.de/10008591013