Showing 1 - 2 of 2
We study the formation of coalitions that provide public goods to members. Individuals are linked on a tree graph and those with similar preferences are connected on the tree. We present a well-defined solution that selects envy-free allocations from the core. Copyright 2006 Blackwell...
Persistent link: https://www.econbiz.de/10005663084
A great deal of production and consumption behavior takes place in the context of social organizations that seem to fall outside of the traditional paradigm of profit/utility maximization. These organizations are voluntary in nature and rely on contributions from members to achieve their...
Persistent link: https://www.econbiz.de/10008670695